Michael Snead
Plumbing contractor needed in south philly
Mother in law has a house that needs a drain problem assessed, a potential broken pipe, or a water intrusion from rain water. And possibly a sump pump installed in basement. Scope of work is very vague, I know. But I’...
Taylor Kendrick
How old is too old? (or, what should I know about homes built in 1920?)
Hi everyone,
I'm looking at a variety of multi-family homes right now and I found an interesting MFH. All brick, built in 1920. Much older than most of the other listings I'm into but the rough numbers indicate it wo...
Edward Stephens
County Appraisal Questions
Hi BP Family, Ever notice those appraisals the County Assessor provides on real estate in order to tax you? I've always wondered if that county-appraised value is something I should be looking at when valuing a pote...
Cori Leste
Cautionary tale about condos or good deal in tight metro market?
There are different schools of thought on investing in condos so I’d love perspectives on this deal that looks amazing on its surface… until I found the "gotcha"Background: I’m looking for my second investment propert...
Chris K.
Property assessment
Do you use a property assessment form when looking at a home you're considering flipping?
Ben Oestrike
HML for Sheriff's Sale
I'm looking to participate in the upcoming Sheriff's sale in York, PA and I would need financing. As I know I wouldn't be able to receive a bank loan for a sheriff's sale I'm looking to find a HML. My question is, wil...
Deonte Hill
Condo BRRR - Worth the effort?
Hello all,
I am a new investor thinking of purchasing a condo as it's the most my cash on hand can purchase. In your experience, has condos gained much equity after updating the kitchen and bathroom? This won't be a ...
Kody Henderson
Tax assessed value 120k less than asking
Looking for advice.
I found a small multifamily for sale and the tax assessed value is $120k less than the asking price. Rents are slightly below market and has long term tenants in place.
At the full asking pr...
Nils Bunde
How to value vacant lot attached to a property?
How do you go about assessing the value of a property that has a vacant lot included next to it?
It's is a single-family 1,100 sq ft. home listed at $390K, 3bd/1bath with a vacant 20,000 sq ft lot adjacent. Has the ...
Nicholas Welch
Tax-Assessed Value vs. Appraisal
Hey everyone, back again already! Has anybody ever had a home appraise for below the tax assessment amount? Typically there's a pretty big discrepancy, but it's typically one that goes in the opposite direction (tax a...