Justin Westmoreland
Using Tax Assessor Data To Value Properties
Does anyone use the tax assessor assessment to estimate the ARV of a property? If so how do you do it? I'm finding in my area its safe to say that properties are selling around 3-4 times the assessment value.
Anshu Sanghi
Is Multi-family building tax also based on the value
Hi, I am new to multi-family properties and currently exploring. One question I have is on how is the property tax value calculated for multi-family properties. Is it based on the assessed value of the property lik...
Scott Baker
Getting our feet wet
My wife and I just inherited 50% of a family homestead when her father passed away here in Spokane in March. We are new to the idea of a rental and trying to gauge our ability to execute on it. The house is paid off...
Russell Brazil
What Ratio Do You Use In Baltimore City?
What ratio are you Baltimore investors using to prescreen deals in Baltimore city? In other Maryland counties I typically use the 1% rule and it turns out fine. But with the insane real estate tax rate in Baltimore ...
Eric Taylor
Newbie Bostonian living in Texas but buying in Boston.
After sitting on the sidelines for several years, I recently plunged into the Boston market snatching up 3 condos, 1 single family, and am currently renovating a multifamily. All within 4 months. I am risk averse ...
Daniel Banks
Seller Asking for way to much, how should I deal with it?
Hello BP members,I was doing some prospecting and spoke with a lady who is interested in selling her house. After gathering all the property information I could see that she has owned the home for a very long time (20...
Bryndon Bush
House Hacking and HOA Inquiry
Hi BP world, I've been studying buy and holds, and house hacking strategies for over a half a year and I've become very confident in what I'm looking for in my first property. My goal is to house hack (rent per room) ...
Alex Malone
Unrealistic contract
So made an offer through agent on this REO that was listed on MLS. Seller's agent came back and verbally agreed to our price but asked for 0 day inspection and closing day a month away (it was a cash offer so offered...
Steve Dove
Associations and Foreclosure
I currently operate lake front vacation rentals, and am facing a potential "special assessment" from the property owners association. They're attempting to assess me and several other property owners that rent their l...
Scott Provost
REI Condo Conundrums in WA State?
Hi all,I hope this is not an obvious "are you crazy" question. Newbie in Olympia area looking at a possible condo that I would 1st live in for a year then either BRRRR or flip. If I BRRRR I will need to be sure the ...