Wes Nichols

That's $100 million right there that would basically generate over $1.2 million in refunds. We've got some quotes out there right now. There are large reductions right now where the refunds could be millions of dollars back to clients. That's on the big stuff, but We typically, we don't just say no to everyone.

That's $100 million right there that would basically generate over $1.2 million in refunds. We've got some quotes out there right now. There are large reductions right now where the refunds could be millions of dollars back to clients. That's on the big stuff, but We typically, we don't just say no to everyone.

We have a lot of properties that are in that $3 to $5 million range where we might be able to get them 15, 20%. We might get them back 15, 20 grand. That 15, $20,000 to any investor, that's still... Um, so we try to have a wide range approach where yes, we do the big stuff, but at the same time, you know, my roots are is I want to help the small, small person and help them out.

We have a lot of properties that are in that $3 to $5 million range where we might be able to get them 15, 20%. We might get them back 15, 20 grand. That 15, $20,000 to any investor, that's still... Um, so we try to have a wide range approach where yes, we do the big stuff, but at the same time, you know, my roots are is I want to help the small, small person and help them out.

Or maybe a mom and pop where they did a transfer or a change in ownership and it messed up their reassessment. They got bad legal advice where I could go in and fix that for them. So I look at it and go, I'm here to help everyone. And if I have that context and have that attitude, you know, everything will fall in line.

Or maybe a mom and pop where they did a transfer or a change in ownership and it messed up their reassessment. They got bad legal advice where I could go in and fix that for them. So I look at it and go, I'm here to help everyone. And if I have that context and have that attitude, you know, everything will fall in line.

So what you do is you file an appeal. Certain states, certain jurisdictions, you have to turn in your valuation. So here's a copy of the valuation that we do here. And really what this is, is a mini condensed appraisal. So most appraisals, 70% of it's fluff, where it talks about the flood zone, the demographics, et cetera. This goes straight to the heart of, here's the property.

So what you do is you file an appeal. Certain states, certain jurisdictions, you have to turn in your valuation. So here's a copy of the valuation that we do here. And really what this is, is a mini condensed appraisal. So most appraisals, 70% of it's fluff, where it talks about the flood zone, the demographics, et cetera. This goes straight to the heart of, here's the property.

Here's what's good about it. Here's what's bad about it. Here's the financials. Here are the market rents or the data that would support the value or what we think it would sell for as of a certain period of time. And this is the data that we have to support that opinion of value. And so how you work is, is you go in, you present this, the assessor county has an opportunity to cross-examine you.

Here's what's good about it. Here's what's bad about it. Here's the financials. Here are the market rents or the data that would support the value or what we think it would sell for as of a certain period of time. And this is the data that we have to support that opinion of value. And so how you work is, is you go in, you present this, the assessor county has an opportunity to cross-examine you.

They try to poke holes in your cases, then they go. And then that's where I get to go and poke holes in their cases and show that they really don't know what they're talking about. And you do closing arguments and rebuttals. And depending on the board, you will get a very favorable decision. And sometimes you don't get as good a decision as you want. So that's how the process works.

They try to poke holes in your cases, then they go. And then that's where I get to go and poke holes in their cases and show that they really don't know what they're talking about. And you do closing arguments and rebuttals. And depending on the board, you will get a very favorable decision. And sometimes you don't get as good a decision as you want. So that's how the process works.

You know, certain jurisdictions were able to do via like WebEx or Zoom, you know, summary in person. So but, you know, with the post-COVID, it's been nice. We can do a lot of stuff remote. It's been very helpful.

You know, certain jurisdictions were able to do via like WebEx or Zoom, you know, summary in person. So but, you know, with the post-COVID, it's been nice. We can do a lot of stuff remote. It's been very helpful.

Yeah, the states and areas where we see where they're the most egregious, you definitely have state of Texas. The state of Texas, as you know, doesn't have an income tax. So how they tax is a property tax. So not only is their tax rate one of the highest, so it's like 3%, but it's reappraisable every year. And how they come up with a value is they use a computer model.

Yeah, the states and areas where we see where they're the most egregious, you definitely have state of Texas. The state of Texas, as you know, doesn't have an income tax. So how they tax is a property tax. So not only is their tax rate one of the highest, so it's like 3%, but it's reappraisable every year. And how they come up with a value is they use a computer model.

And so the state of Texas, you just have to beat it. The other thing that's great about Texas is they are an equalization state. So what that means is, let's say your neighbor across the street has a similar model as you, and they're being assessed less than what you are.

And so the state of Texas, you just have to beat it. The other thing that's great about Texas is they are an equalization state. So what that means is, let's say your neighbor across the street has a similar model as you, and they're being assessed less than what you are.

Well, in the state of Texas, you can say, even though your value might be correct, you can say, I want what he has, and they will lower it to his value. So when we do taxes, we look at it from two perspectives, what your competitors are doing, are being assessed at, and what we can win on the market level. So we do that.

Well, in the state of Texas, you can say, even though your value might be correct, you can say, I want what he has, and they will lower it to his value. So when we do taxes, we look at it from two perspectives, what your competitors are doing, are being assessed at, and what we can win on the market level. So we do that.