Mikhail Petrenko
Property tax reduction after foreclosure
Hi everyone!I bought a foreclosure property once. The assessed value was 200 000 and I bought it for 600k. A county assessor increased the value to 600k.Here is my question.Let`s say I am buying a property with an ass...
Lamar Dixon
Apraisal value on flips
I am am involved in the finance of my first flip. I recently was approved for a HELOC my appraisal was only 3k shy of county tax value. I'm good with that. The house I'm trying to buy, with a bank loan, appraisal came...
Pat Mcchesney
Seller Finance, Seasoning and Refinance
Hello Everyone, Was hoping a more seasoned investor might be able to shed some insight on a multi unit storage/commercial property I am currently reviewing:Current Tax Assessed - 1,400,000Purchase - 975,000CashDown ...
Yoko Hankins
Property Tax was Deal Breaker on our First Rental
We found a great deal on our first STR property in Pensacola, FL. But we realized that the country assesses x3 property tax on rental properties. We were fortunate that we discovered this before we signed, but are ver...
Harry Rigler
plaintiff bid
question.in a foreclosure, i see that the plaintiff's bid is much higher than the assessed value, now, i can't figure it out, does it mean the the plaintiff is willing to pay more than the house is worth? the county s...
Kendra Wilson
Wholesaling question (newbie)
Hi, I am incredibly new at Wholesaling, and I am learning as I go. My question is regarding what the house is assessed for and how that works when I make an offer for way less than what it is assessed for? How does th...
Account Closed
Reduce taxes
I am looking to buy a distressed property. I want to reduce the taxes before I buy it. Since it is only worth $50k when I buy it how can I get the taxes reduced based on this value in the most time efficient manner...
Karim E.
San Diego property tax
Hi everyone,I am new in RE investing and I am trying to analyze some deals. I am trying to estimate the property tax rate in San Diego county ( UTC sand Mira Mesa area) but I am finding two different numbers ~0.7% a...
Navya Rajput
How to calculate the tax
Hi I am looking for a way to calculate the taxes for the properties that I am evaluating. For eg If I am looking for property in Worcester, MA. I am looking at this site http://www.worcesterma.gov/finance/assessing. B...
Navid A.
How does BRRRR impact property taxes?
Curious as to how BRRRR impacts property taxes upon completion of a rehab and refi. To clarify my question:Property is bought at $50,000 with a tax value of $60,000. Upon a successful rehab and forced appreciation, th...