![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3082684/small_1722026131-avatar-williamj473.jpg?twic=v1/output=image&v=2)
25 September 2024 | 17 replies
In order to properly assess, we would need more information.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/136448/small_1621418727-avatar-melissa_l.jpg?twic=v1/output=image&v=2)
24 September 2024 | 22 replies
The local assessor usually updates their assessment and tax records within 30 days to reflect the transfer, but some smaller office may be further behind.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/37034/small_1621370217-avatar-dkonipol.jpg?twic=v1/output=image&v=2)
23 September 2024 | 4 replies
The two earliest popular and successful “gurus” were Jimmy Napier, whose speciality was investing in notes, mobile homes, and real estate “exchanging”, and John Beck, whose speciality was tax auctions, and complex series of exchanges in which John used near worthless lots acquired for pennies at tax auctions at full tax assessed value for exchange purposes, usually as a downpayment, or as collateral for a private note.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2835181/small_1694815608-avatar-jenniferw406.jpg?twic=v1/output=image&v=2)
22 September 2024 | 8 replies
I have a dozen properties and I don’t keep any reserves.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3080424/small_1721441506-avatar-davidg1598.jpg?twic=v1/output=image&v=2)
20 September 2024 | 0 replies
I go through all my parts obtaining private funding, getting contractors set up (meeting dozens of them to find the right ones), and I’m about to get my civil engineers plans for the addition as well to propose to the town the day after closing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1520443/small_1706826728-avatar-lisas298.jpg?twic=v1/output=image&v=2)
22 September 2024 | 13 replies
These lenders are more flexible, especially if the property has equity and your credit and financial situation are solid.Here’s what you can expect: LTV (Loan-to-Value): The lender will typically assess the property’s current value and lend a percentage of that, often around 65-75% LTV for cash-out refinances.
22 September 2024 | 13 replies
A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2863424/small_1727115529-avatar-justinbrin.jpg?twic=v1/output=image&v=2)
22 September 2024 | 41 replies
The Enemy Method for Estimating Airbnb IncomeTo apply the Enemy Method, an investor needs to find a dozen similar short-term rentals, analyze their daily rates, estimate the occupancy rate, and calculate the Airbnb income
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1175703/small_1710010246-avatar-nadirm.jpg?twic=v1/output=image&v=2)
23 September 2024 | 81 replies
Pulled almost half a dozen action figures and small dolls out of there.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/973268/small_1679935285-avatar-deepanshu.jpg?twic=v1/output=image&v=2)
21 September 2024 | 14 replies
So I think you should try and sell it the way it is.I will say after much study and chatting with a dozen lender, no one will lend more than comps show on a working STR vs a standard home.So list the house as a house and then work out a deal on the furnishings etc.