Craig Lessler
Property Tax Assessment Made after Appeal Period Expired
Does anyone know how property tax assessments and appeals work in Pittsburgh?I purchased a SFR in Pittsburgh last summer and received a tax bill a couple months ago. I paid the tax bill.On April 9, 2018, The County o...
Marcel K.
Looking at a flip listed 5k under assessment !
Hi there so we’re looking at a SF property flip that will need some substantial work in order to make it livable. It’s assessed at 181k by the city... on average in today’s market a “ done” house out here sells betwee...
Kate McClinton
Calculating Building Basis -Appraisal vs. Property Tax Assessment
Is it permissible to use the allocation of building to land from the county property tax assessment instead of an appraisal? My CPA said we had to use the appraisal allocation as it was the most accurate, yet the pro...
Ashan D
Can a refi trigger a higher tax assessment?
Suppose you have a home that is undervalued at the tax assessor's office. A refinance is taken out on the house which shows the new updated appraised value. Can this trigger a higher tax assessed value? I would think ...
Michael Sherwood
question regarding Assessed value vs. What I paid
Hey Guys, I bought a house in march of this year for about 58,300 and according to the assessment I got its worth about 66,000 I put about 3% down. So this means I needed to get PMI insurance( note the 58,300 is with...
Simond Wong
" "Some" fire damage", WWYD to assess investment viability?
Good Morning BPers,I am going to check out a multi-family today with my real estate agent the MLS description stated one of the units had "some" fire damage. I know it is difficult to ask without having seen the prope...
Simond Wong
"Some" fire damage, WWYD to assess this investment?
Good Morning BPers,
I am going to check out a multi-family today with my real estate agent the MLS description stated one of the units had "some" fire damage. I know it is difficult to ask without having seen the pro...
Alden Baldock
Loss Assessment Insurance Mitigate Risk of Condo Investment???
Hi BP! I have been doing some research on Loss Assessment Insurance for condos. I have a family member who owns a condo and has loss assessment insurance. He has gone through two large assessments (roof and flooding) ...
Jennifer Almarine Beu
Assessing condition of property of direct mail respondents?
Hello BPers! Newbie here-- I'm mapping out my planned direct mail process right now. I know the market I want to target, I know where to get lead lists, I have an idea of what I'd say in my letters/postcards.My questi...
Xiaoxu Song
Should I pay off the city special assessments?
Hello BP!
First time post. I have my first rental closed. However, I found there is a city special assessment of $7400. It will be paid off in 2027. If I pay off $7400 now, the cash flow will increase from $306 to $4...