Hello BP community!I was visiting the county assessor site for my first property because I was trying to learn how to determine depreciation. I saw something I need help with. In case this is germane to the explanatio...
For buy and hold I don't like HOA communities due to the lack of control and volatility that could impact cash flow.What about for flips though? Do you guys buy flips in HOA communities or do you find that it limits y...
Hi All,I am offering on my first San Antonio property, which is an SFR. I've had a hard time finding deals that cash flow positively because the property taxes in Texas are comparatively high.The reason that this one ...
I have a question. I’ve been looking at several properties now and am slightly confused. I live in southeast Texas and have noticed that most of the properties appraised value from the tax assessor are much lower than...
Hey everyone,There has been this vacant SF house on my street for the last year and it is now finally listed for sale. I believe it is a foreclosure but am not 100% sure (any help on how to figure this out would be gr...
I'm looking at a condo @140k to purchase and rent. I realize that if I put this on a 15yr note my return will be mostly principle down payment but still a 20% return on investment. Although I can purchase a 4 unit for...
Hello BP,
I'm considering buying a mobile home. The owner isn't sure when it was manufactured and on the property appraiser's website, only the land is being assessed. I wanted to use the BRRRR strategy on this prop...
I recently purchased a commercial building and paid 65% of the county assessed tax value of the building. The owners wanted to sell it really bad. The building was no longer fully leased and most of the leases were we...
I purchased 3 properties last year that I contested the taxed value on and I am finally scheduled for property value hearing in October.I am being over taxed on all 3 properties by a fairly large sum and I have my pur...
Hi everyone,I am looking to purchase a multi-unit property in Chicago and am currently analyzing properties. Since the home prices have increased significantly in Chicago, I want to understand how to estimate my futur...