Sammie J. Bell
Property Assessment Value vs. Listing Price
I am currently researching a triplex to decide how much I should offer. The property is listed at $155,000. I did looked on the tax assessor site and saw that total value for this property (building and land) is about...
Barbie Melendez
Tax Assessed value vs. List Price
I am looking to purchase my first small multifamily in the Newburgh, NY, area. I set a goal to analyze at least two properties a day. This property is two units with a list price of $179,000. The tax assessed value...
May Wen-Li
Why is my flip not selling?
my flip has been on the market for more than 2 months and have not had one offer. We had good amount of showings and almost everyone loves the house and like the work we did. But some said no enough storage and some ...
Peter Litsas
Tax assessed vs listing number of bedrooms
Hello, I am looking at a house that is listed as a 5/2 (finished basement), 2000sqft, but the tax assessment has it as 3/2 1000sqft. I suspect no permits were pulled on the basement, but the seller says the house was ...
Tyler Kress
Large house listed 25k below assessed value
Newbie here - I see a big house on Zillow listed 25k below assessed value and wonder "what am I missing?" it is on the edge of rougher neighborhood but it seems like a steep discount. If someone bought this home could...
Marcel K.
Looking at a flip listed 5k under assessment !
Hi there so we’re looking at a SF property flip that will need some substantial work in order to make it livable. It’s assessed at 181k by the city... on average in today’s market a “ done” house out here sells betwee...
Adam Price
Seattle condo owner listing it with special assessment?
I'm just getting my Brokers License and doing a lot of research to provide a quality service through wholesaling in my family owned business, United Family Investments. I've come across this situation and i'm not ...
Mike Waltman
Current Home Value vs. Total Assessed Value- List Source
I've done some searching and haven't found anything on the forums so I'd figured I'd throw this out there because its an issue I'm debating on with my list source criteria.My question isn't about what Current Home Val...
Harry Campbell
How Can I Take Advantage of Depreciation?
So I rented out my condo last July and I'm starting to look over my tax documents in preparation for filing. I've done a lot of research over the past couple days but to my understanding since I make less than 100...
Kyle Eckert
Assessment warning STL
A cautionary tale with actionable advice for STL specifically, and probably REI in general.Advice: When looking at tax numbers for your investment model, make sure the property is assessed correctly when running the n...