Cincinnati is in a re-assessment cycle. How is everyone feeling out their re-assessments in that market. I have two complexes that are up substantially One is up 20 percent from last year. Another is up 10 percent. A ...
Hey folks- who knows about the process of challenging the new assessments?
Hey all - I have a property in Washington DC where the 2023 assessed taxable value is ~$50k from the 2022 value. My questions to the group are:
1. Has anyone experienced such a rapid increase so quickly? How have y...
Was talking to someone about their house today, and he said his house was assessed at $156,000. But I called the tax assessor said they have it as a single family, so it's probably good I didn't go off that number. Ho...
Hi pro members!There's a home that caught my attention and the numbers seem to add up well for me, my realtor sent me the foundation inspection paperwork for the property. From the paperwork that I received (from a st...
I've taken over managing my C-class duplex for the first time after the last tenant trashed the place, was evicted, and my property management company seemed to be trying to do the least work for as much as I'd keep p...
I'm looking to acquire and am doing research on a few multifamily properties in Dallas, Texas (~10 units). I came across much lower than expected historical property taxes for them and was surprised. When digging deep...
So here’s a scenario.
Say you want to buy a property worth $3,000,000. It has no existing structure and is not entitled. Your goal is to buy the property with the intention of developing it into a subdivision. This ...
If a property is assessed for much lower than it sells for, the assessor can raise the assessment to the sale price. This would make the property tax expense too high to cover other expenses (mortgage, insurance, mai...
I need a little help thinking through the value of refinancing. Let's say I have 50% equity in one of my rental properties, and I have desirable financing on that property (30-year fixed @ 2.75%). If I do a cash ou...