Martin Potokar
Property Condition Assessment (PCA) Pays Huge Dividends & More...
Forward
The post you are about to read is based upon a factual account of a property condition assessment (PCA) recently completed for a commercial real estate property consisting of a multi-tenant industrial office ...
Ishviyan D.
tax assessment on property - land value seems too low
Hi. I purchased two properties in 2016 and am having a hard time understanding how to evaluate depreciation. My accountant said that depreciation will be against the value of the land, not the actual home. Is this tru...
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...
Faisal Tahiri
Help me by assessing my first multifamily deal screening!
Hello BP community, this is my first (of hopefully many) postsI'm starting out my RE investing journey and hoping to lock-in a 4-10 unit MF property as a first milestone. I'm looking for help double checking my work o...
Kelli Bristol
Help assessing an opportunity and how to move forward
In in New Orleans and did a flip property, a duplex in an area that used to be pretty bad, but has gotten better. Apparently, the fact that we re-did the "problem" house on the block, made a tremendous change in t...
Luke Paul
Home assessed at 400,000, but it's worth 500,000 realistically
I'm talking with the person who has a house assessed at 400,000. But he added a couple more bedrooms and bathrooms and according to him is probably worth realistically worth 500,000. He would like to sell for around 4...
Chris Yorke
can a fico assessment on a property improve ARV?
A colleague has suggested getting a fico score that qualifies for roof-top solar panel incentive grants. He claims this can add 20% to the ARV of a property because it confers public subsidies and benefits to the own...
Luis Rodriguez Jr
Is the info on a Tax Assessment site reliable?
I have a client who just sold her business and the office/house she worked out of is in bad shape. It is in a up and coming area that has " beautification" going on around the neighborhood. The home is valued under t...
Mary Joe
BAD idea to use gov assessed value for IRS?
Hi All
I am thinking of transferring ownership of a property from one entity to another.
Is it true that IRS will definitely NOT accept government assessed value for a property?
I prefer not to h...
James Farrior
Help with assessing a project - internal rate of return
Hello,I'm looking at putting together my first project - a multifamily in Houston. I ran the numbers and came up with a 17% IRR and a 7% cap rate over a 20 year horizon. I'm trying to understand whether this project i...