I bought a 4 plex in 2023 and the appraisal district valued it around $407k.

Pricing has been softening a bit, but values are still appreciating above the National average.

Cash How did you add value to the deal?

Average property value 150k.

Has anyone had experience for assessed property value appeal and/or has general advice on lowering property tax you could share? 

Hope this adds some value to the BP community. 

If it’s a seller financed deal spend a lot of time on value and underwriting borrower.

What are the ARV values of the properties if you renovate and how much of your time would go into it?

How did you add value to the deal?

Hire a PM before you find you have a non-paying tenant living in your home for 6 months while you beg him to leave while paying his utilities/repairs and probably a relocation fee  I hope you sell, but good luck either way  Sitting on a 2.65% with a property value of $1.1m (around $500k owned).