If I purchase a property does my purchase price automatically become the assessed value for calculating property taxes?

Hi everyone, 
Recently, I have been focusing my efforts on learning how to accurately underwrite deals. As a beginner, I got some great insight into the process after just recently watching this BP video. While I sti...

All,

First of all, love the site, thanks to everyone on here!

A little info about my situation:
I'm a newbie with many questions. I MIGHT know a little more than a normal newbie because I did have a real estate lic...

HI, NEEBIE HERE , I WANTED TO KNOW WHY THE BIGGER POCKETS WHOLESALE TOOL IS DIFFERENT FROM MY SOURCE(JERRY NORTON)? JERRY USES THIS FORMULA     ARV*.70-REHAB-WHOLESALE FEE=X WHICH GIVES ME A BETTER COMP TO OFFER A DIS...

I am currently looking at my first investment property. The property needs to be rehabbed. Initially we thought we would flip, but now we're thinking of holding and using the equity for future investments. What formul...

So I'm finally taking this a little more seriously and I've hooked up with a contractor and his wife who happens to be a real estate agent.   I have no experience. Period.He has been in construction for 15 years, has ...

I recently got a  property under  contract for 140k and  had  3  contractors  quote  me on  how  much it would be. Which was over 40k in rehab cost on average.The  bank believed that the listing realtor  undervalued t...

Hello BP'er,I am in the process of learning how the analysis process works in general, but specifically for MFH. I have a property that I was attempting to analyze and I was curious if any of you would mind looking ov...

Newbie contemplating RE market. I have 20+ years of experience in business but the concept of positive cash flow has always tricky to ME.  Devil's Advocate:  If I put 20% of my money down, I struggle with the concept...

Hi all! I am new to wholesaling and have been watching tons of videos on individuals who have been successful. So, in the process i have ripped the band aids off and started cold-calling, and reaching out to real esta...