Janel Lawani
Property Valued at 70% Higher Compared to Purchase Price,
I am looking to get my first house in Houston which is a great deal going and lines up for my qualifications. The only thing is, the property is valued 40% higher compared to the purchase price with the Harris county ...
Akhil Kumar
Using tax assessment to determine buy offer price fo
Hey Gurus,want to know what you guys think about looking at property assessed value as the basis for making an offer (rental property investing) ? I have seen the asking price differ significantly from the assessed va...
Ashley Pitre
Vacant land at Tax Sale in Texas
I'm interested in starting to invest in tax sale properties, I've read that you probably will have a hard time selling the property and getting title for properties bought this way. I'm interested in vacant land at th...
Daniel Kramer
Creative, Poor Form, or Illegal
I am new-ish (currently renovating my first rental). I am also scoping a potential 2nd BRRRR. However, on this one, I believe is over-assessed for taxes and it's in a higher-taxed neighborhood than my first. So, upon ...
Nik Moushon
Confused with house appraisal
I got the appraisal for the house I'm under contract for and overall I'm happy with it (came back valued at 30k more than the purchase price) but I'm a bit confused on a couple of things. I'm not sure if it matters or...
Michael M.
Help: City Complaint Against Property Tax Valuation?
Hi All, So my PM sent me a letter they received where "The Board of Education as filed a complaint against the County Auditor's valuation of your property for tax purposes". Then they go on stating I can contest this ...
Thomas Mitchell
Low appraisal on 6 plex
Hi everyone. First time post here. We found a 6 plex in our area that meets most of our cash flow requirements with about a 12% COC return. Problem is the appraisal came in much lower than the asking price of $360k. W...
Charity Johns
Can you sale a property still in the redemption period?
Hello, I have been trying to find a solution for this property so any help would be greatly appreciated.
I have a property under contract, in palistine texas, that the owner bought at a tax sheriff's sale. There is s...
Kalib Williams
Commercial Multifamily BRRRR
How is an apartment complex appraised after a renovation in a brrrr situation? Is the the cap rate that was originally used to buy the property how the appraiser will value the property after it has been renovated an...
Isaac Pepper
How to Handle Appraisal Discrepancy
I am currently in the process of a cash-out refi. The appraisal came back in the ballpark of what I expected. However upon reviewing it I see that the appraiser used a building sketch showing a 5'x12' "open porch". He...