Wes Blackwell
Richmond Sewer Lateral Compliance: Do condos levy assessments?
I am helping a buyer look at a condo unit in the Richmond / Oakland part of the Bay Area. As a part of the disclosures, the listing agent has included the Contra Costa County Purchase Agreement Addendum. The listing a...
Account Closed
Offer price and Exit Strategy Question for Shortsale / Flip in MD
Hello BP
I’m evaluating a short-sale opportunity in an upscale neighborhood of Montgomery County, Maryland and I wanted to seek your advice given the following facts:
1) 5500 sqft 5 bed 6.5 bath SFH, taxed assessed ...
Konrad Wallerstein
cap rates, central New Jersey and NE Florida
As you can tell from my questions, I am a beginner. What are good and acceptable cap rates in central New Jersey (Princeton/Montgomery Township) and Florida (Jacksonville)? is this the type of information investors ...
Brendon K.
Anyone have experience with increasing buyers commission?
We're selling our flip and it didn't get the attention we needed it to on the first week. Hundreds of views on the real estate sites, exactly one visit. We know that purchasing happens the strongest in the first few w...
Darian Sanayei
How to figure out exact Property Tax on property for sale
I am having a tough time figuring what the property tax amount will be on a new home purchase i am thinking about making. Generally I look up what the owner paid in taxes the previous year, and then divide that by the...
Account Closed
Tax Assessment Challenge
Hello BP,
I need a tax re-assessment badly. Has anyone from Clark County or Vancouver Washington succeeded in challenging the assessment? Going to ask my Realtor for help on comps. Thank you for your time....
Gregory Stone
Tricky California HOA foreclosure
I'm asking as an HOA president. Our HOA foreclosed on the property, the house went up for auction with a starting bid of about $45k, nobody bid (presumably due to the the unknown 1st mortgage amount), then the propert...
Jamie McKenna
Building Equity
Hello All!Two part question here...I'm looking at purchasing a 4 unit building that is assessed at 150,000 and is listed at 125,000. The assessment is from 2012. Does that mean if I purchase it for 125,000, will I a...
Mike Stephens
Special Assessment on Condo Converted from 2nd Home to Rental
So an interesting tax situation here with a second home converted to a rental, and I can’t seem to find the same question in the forums (a first!).I have a condo that was previously a second home. - February I became ...
AJ D.
Cost Basis on New Construction
How would you account for appreciation/upgrades to a new construction build from a Cost basis perspective?Ex) Original build was estimated to be $500k, however during the build upgrades were selected such as windows, ...