My wife and I purchased the house next door for $250K in 2021, 20% down @ 4.5% APR for 30yrs, $40K put into the rehab, and split the unit into an upstairs/downstairs duplex (not on meters though). Currently rents for ...
Hi everyone,
Long time lurker here. I'm interested in getting started with turnkey and/or brrrr for long term hold. I have 125k cash and own some land outright worth ~100k. However, my challenge is a lot of student l...
Hey guys,
I'm currently looking a purchasing an REO property that is a very good deal. However, there is one issue. There is currently a special assessment balance of $3,200 that says in the purchase addend...
As the calls start coming in from my first decent marketing campaign (500 postcards), I am struggling to make offers that are a win-win. Some properties are in rental areas where crime is the highest in the city of...
BiggerPocket Community - I live in the heart of Silicon Valley (Santa Clara) and own a townhouse. We are looking to upgrade to a single family next year but I am debating whether I should rent my townhouse or buy a pr...
Has anyone tried appealing for Tax Assessment in Sacramento (or generally in CA)? My duplex was bought last year and I paid almost 20% below assessed value. Based on the market study, I see that it was not a steal and...
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...
How do you effectively navigate property tax assessments and appeals to ensure accurate valuation and taxation? Share your insights or seek advice.
While obviously, tax assessments and home appraisals are two different things, they aren’t supposed to be wildly divergent, right? Suppose I’m doing a BRRRR deal and my after renovation appraisal comes back significan...
Good afternoon! Today I am going to give a few tips about assessing the location of a potential property that you are looking to buy and a few things I like to look at! These are in no particular order I suppose but a...