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Lesson #352: Being Aware of Reassessment of Property Taxes in Your Pro Forma
Real Estate Investing Classroom (Video): Experts Teach Real Estate Investing Tips and Strategies
English - September 23, 2016 13:00 - 5 minutes - 35.2 MB Video - ★★★★★ - 20 ratingsInvesting Business News Business News flipnerd mikehambright rei reiclassroom reifordummies reitraining Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Lesson #351: Recent Changes with Fannie Mae
Next Episode: Lesson #353: Focusing on the Facts
As Kevin Bupp explains, when property taxes are reassessed, there can be an unexpected jump in value, causing your once "good" deal to not be as good anymore. He recommends asking the tax assessor's how they are calculating value or if they can provide any updated information regarding a home you're planning to purchase.
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