Adam Blachnio
Tax Assessed Value in negotiations
Hi👋 I am trying to use Tax Assessed Value in negotiation with 3-4units owners due to fact those properties seems to be overpriced by sellers. I do realize that TAV is less than Fair Market Value, but if the owner has ...
David Katz
Metrics for Assessing Turnkey Deals
I'm new to REI and likely going the turnkey route. Had a few questions about the metrics used to assess potential deals. For total ROI, I assuming that would include equity accrued (i.e., principal paydown), as well...
Ben Sears
Drop in County Tax Assessment
Hello BP-I wanted to throw out a question related to local tax assessments. I recently purchased a rental on a good deal and it is currently cash flowing nicely. My question is what would cause the tax assessment to d...
Connor Smith
City Tax Assessment After Purchase
When buying a house for a price that is higher than the current assessed tax value would the city always raise the taxes up to match the new purchase price? I was wondering if this varies based on where you are buying...
Jason Reichert
Assessment appeal- school district appeal
“So and so” Attorneys at Law sent me multiple “Requests for Production of Documents” on behalf of a school district appealing my assessed value. (3 multi fam buildings on one block). They ask for financial records, mo...
Cole OHara
Multifamily Tax Assessment after Sale
Hello all! Newbie real estate investor here. I am planning on making an offer on a small apartment building in Milwaukee and I am curious about others' experience with updated property tax assessment after the sale. ...
Nsisong Ekanem
Homeowner Assessment and other fees
Hi All,
If you win a tax lien at an auction, (2019) do you pay the monthly assessments if the property is a condominium? 2). Do you pay ALL the taxes that are delinquent?
3). If the property is foreclosure, does the...
David Tremblay
Commercial Property Income Approach Assessment
Hi Everyone,
I was wondering if anyone here has experience with doing a refi on a commercial property using the income approach? If so, what cap rate was used and for what building use type (multifamily, retail, etc....
Bobby Morris
Avoiding Property Tax Assessment Increase
I'm looking at purchasing a 5 unit building with 4 upstairs apartments and a ground floor commercial unit. The current assessment is roughly 200k and the purchase price is likely between 800k-1M. The listing broker is...
Julia Amelyan
HELOC based on Assessment Only
Hi, Does anyone recommend any credit union that would do a HELOC based on tax assessment, not appraisal? I live in Wisconsin (Milwaukee area) so I need on that is either national or local that would be able to do this...