With the median time to contract stretching 92% to 48 days, focus on quality listings, realistic pricing, and a polished look to make your property stand out.Smart Moves for Today’s MarketFor buyers, the expanded inventory means more choices.

We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!

I had the same realization as Michael when considering section 1245 assets in a 1031 exchange, and I really have been looking for a concrete answer ever since. 

To make things more concrete, it helps to get specific.

There are forms and templates and all sorts of things that when used will make you into a well-polished 'litigant'.Of course, a competent real estate attorney can accomplish the same thing for 5x-10x more than the cost of the course, in exchange for peace of mind that you'll get what you're looking for without the prospect of making a mistake or not knowing what you're doing.

Let's just ignore the fact you are knowingly misleading those you want to stumble across your your more polished syndication resume, but who cares? 

Exterior PaintThe home has a concrete foundation wall that extends about 3 feet up before the siding starts.

A plan needs concrete numbers and realistic action steps.

Although they HAVE to sell are desperate to sell, NEED to sell, they are NOT motivated.They rather pour concrete down the drain, destroy the cabinets then sell to you... at market value, let alone at a discount.So, once you truly and fully understand this,  think about it.

Just throwing a ping pong table on a concrete slab in the garage is marginal.I had an STR buyer in Conifer, in the mountains outside of Denver, turn a massive unfinished walk-in closet into a little arcade area with two comfy lounge chairs and two vintage arcade games.