Hi,We recently (Aug 2024) bought commercial land of around 2 acres. this was part of bigger commercial lot (around 25 acres) which had AG exemption and so the taxes that they paid was around $20 each year. we received a 'AG ROLLBACK' letter from the appraisal district that starting 2025 tax year, we will be taxed at it market value resulting in additional taxes, interest and possible penalities for 3 prior years.

@Kedric Naylor, feel free to say no.

luxury cabin, 3100', 4/3/1, nice finishes including spa and sauna, in high fire risk area with total property value ~$500k with CA FAIR was just over $5K fire only. 

If you need any help or have any questions, feel free to reach out!

In a way, I think the BRRRR process is really the process of "adding value" to a property and then pulling out that forced equity as much as you can.

If what you are aiming for is a BRRRR to acquire and rehab properties into cash-flowing rentals, you may with to try to feel less personally attached to the result. 5.

Second home loan , conventional How did you add value to the deal?

Feel free to shoot me a PM and I'd be happy to discuss what you have going on.

Feel free to reach out to connect.

How did you add value to the deal?