If I can find a property that just needs cosmetic updates, covers its expenses, and leaves a little extra, I’m interested.

If the sellers aren’t willing to update records or make necessary improvements, it’s essential to weigh the potential risks and long-term impact.

Quote from @Jeff Calcaterra: Update? 

Valdosta GA Market Update: Jan 2025Happy New Year!!

Per our signed agreement, I gave him 30 days notice of termination of his services via email and asked him to remit all outstanding payments and documentation (he hasn't delivered an owner's statement since June of '24) and assist with the transition to the new PM company.He responded to one text a couple weeks ago when I asked for an update on the transition saying he hadn't received notice from me or heard from the new PM.

She will get a nice surprise next week when I show up at her door to (a) announce that I am her new property manager and (b) notify her that I will update her information with the collection agency she's been hiding from.Screen your applications, people!

I had to remove four of my out-of-state properties in order to refresh the listings and start anew. I will be lowering the asking price and seeing if that will help in the sale of these properties. Looking to either s...

🔥 The long anticipated #pedestrianbridge has a new ETA of 2028. This bridge will connect #southend and #uptown. These areas are currently great LTR and MTR areas! Between the pedestrian bridge and The Pearl, this area...

Each upgrade is depreciated separately, and each has a monetary value and depreciation schedule.So to keep it simple, use your books 😉 Accounts/Sub accounts: Address (or property identifier) >> Name of update >> Depreciation account for that upgrade.

Purchase price: $100,000 Cash invested: $35,000 Sale price: $270,000 Hey BiggerPockets Community,I recently updated a multi-family property on a tight budget and significantly increased its value.