James Tebelman
When does my home get re-assessed for property taxes??
I purchased my CA home in 2011, and it now it is worth roughly double. Of course, the property tax basis is still what I paid for it back in 2011.We are considering building a large deck in our back yard that we woul...
Fred Ewert
Seeking out Airbnb pros. Help assess demand in an area.
It is hard to figure out vacancy rates on Airbnb because of their design. I've heard people have mixed reviews on the data on Airdna or similar research apps. So I am thinking it comes down to just getting in touch wi...
Lewis Kerwin
How to assess my options when 20K+ in the hole
Hi all,I bought a 3b1ba home in south Chicago about 2 years ago on a turnkey website. The numbers made sense at the time from what I could tell.Fast-forward 2 years and I've paid about 18K in repairs, which seems at l...
Mike Stephens
Special Assessment on Condo Converted from 2nd Home to Rental
So an interesting tax situation here with a second home converted to a rental, and I can’t seem to find the same question in the forums (a first!).I have a condo that was previously a second home. - February I became ...
Elizabeth A Shatzkin
Newbie Looking for Fix & Flips/Rehab Cost Assessment Questions
Hi There. I am pretty new to REI and have settled on Fix & Flip as the way to start. I have seen numerous properties (both SF and small multis), all in Florida as there is a wholesaler there who is bringing me p...
Steven Booty
How much stock do you put into the assessed value?
I'm under contract on a duplex (my first property!) and it was recently assessed at $2K below what I offered (it's a short sale). How seriously should one take the assessed number? Does it typically reflect what it co...
Zac Anglin
Investment SFR for Sale and assessing value of rental property
I have an excellent, cash-flowing 5BR/2Bath SFR in Manayunk that I've owned since 2017. I bought it at a good time, and it reliably rents at top-of-market rates (with no vacancy) anytime I have turnover. Due to the in...
Kyle Barteaux
loss assessment coverage to cover gap of master HOA policy
Recently I listened our condo for sale and am now in escrow. Our HOA was dropped from insurance and picked up a new policy 6 months ago - it was the most amount of coverage the insurance company would grant them. This...
Jon Huber
Adding special assessments to leases... and how to structure it?
Hello BP... I have a rental in Los Angeles that just underwent a special assessment to paint the entire property. I was very happy, as I was breaking even with my numbers, but I was just hit with the $3,600 assessme...
Bingji Wang
Harford MD, bid 300% of Assess Value for liens. Insane?
Today I attended Maryland Harford county tax lien sale auction online.As show in the screenshot above. Why people bid at 300% price of the assessed value for liens?According to the county's rule, the 300% of assess ...