I purchased a townhouse in North Carolina about 4 years ago. The place needs exterior painting, but there is quite a bit of argument surrounding the bids, color, and alternative options. We voted down a special asse...
Hello All!
I am starting my wholesale business in Charlotte, North Carolina and am looking to expand on my buyers list. I have been told that a good way to do this is to get the tax records for houses bought...
Does anyone utilize "Tax Assessment" when gathering comps for a deal? It seems like tax assessment could be a helpful additional source for calculating comps, since the tax assessment is made independently by a munici...
I have bought some properties above assessed value and some below. Assessed Value and market value don't seem to be parrallel. Can someone explain the difference? I mostly interested in multi family buildings. A lende...
I am connected to a vast resource of passive and high end private serious investors.
Hi All,I bought a SHR in Philly from a rehabber a few months back for 70,000$. After PITI, PM fee, capex & vacancy reserve, it cash flows around $300 monthly. The property before the rehab was very likely a forecl...
I was sent a few properties this week by an agent and I noticed on the listings they have 'assessed value.' The assessed value is was less than the listing price. For example, one listing is approx $180k and the asses...
Good evening all, I'm a brand new member!I am selling a property for $500k that has a $50k special assessment for new windows, doors, etc to be paid over the next 13 months. It is not due yet. The buyer asked me pay ...
https://www.courier-journal.com/story/news/local/2020/03/12/louisville-home-values-expected-rise-2020-property-assessment/4941202002/On average most homes are appreciating by $7,500 or $10,000 per year. Trendy areas a...
Should the asking price and the value that a city has assessed the property at for property taxes be somewhat in sync? Is something off if there's a difference of say $20K?