Robin Searle
Short term rentals being assessed as commercial property
I'm curious if any other counties are looking at changing the assessment of residential short term rentals to commercial for the purposes of property tax like El Paso County (Colorado Springs) is? This idea was recen...
J Lustre
Appealing Tax Assessment Adjustment in Shelby County, TN.
Just received notification from Shelby County Assessor of Property in Memphis that that market value of an investment property has increased, thereby increasing the assessed value and my tax obligation.Hoping that the...
Jordan L.
Property Tax Assessed Value Appeal in South Carolina
Hi everyone! I am a rookie investor, with one tenant-occupied rental property in South Carolina. Anyone familiar with owning rental property in the state should know how high our property taxes are. On top of this...
Adam Price
Seattle condo owner listing it with special assessment?
I'm just getting my Brokers License and doing a lot of research to provide a quality service through wholesaling in my family owned business, United Family Investments. I've come across this situation and i'm not ...
Edwin Hsu
How Often do You File an Assessment Appeal?
I was curious how often most people are filing assessment appeals. I get solicitations from companies that specialize in property tax appeals every year and since their fees are contingent, I was wondering if there w...
Michael Andrews
Help assessing a deal with the 1% rule
I've been looking for my first multifamily property and I found a fourplex that just popped up on the MLS at $330,000 getting a net rental income of $2500. Looking at the 1% rule the price is way over the rental inco...
Jorge Abreu
Thorough Due Diligence: Financial and Physical Property Assessments
There are no two ways about it: rigorous due diligence is required. It serves as the foundation for all successful deals.The first stage in analyzing a possible investment is to perform rigorous financial due diligenc...
Leo Cheng
market assessment of Kansas city and surrounding areas
Hi all,I moved to the city (overland park area) about one year ago. I am a beginner investor for real estate. I have a few properties down to Texas (where I moved from). New to this local market, I wonder whether buy ...
Bayo Badejo
103 unit assessed cap rate of 5.4(accurate?)
Insights on cap rates for apartment building in 44313? I know there are variables. In analysis of subject propert the cap rate for 103 property in this area is 5.4%. Requesting investors insight in this market. Thank...
Soup Nikk
Assessed value vs. market/sale price in Durham NC
Hello Biggerpocketers,I am newbie to rental property investment (as well as biggerpockets!) and just getting started on my first deal. I have chosen the Durham market (primarily for 2 reasons, I am tad bit familiar an...