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Calculating Increased Rent After an Upgrade
Hello BP Community!
I am about to change out my flooring from carpet to luxury vinyl for $2200.
My question to the BP community: What is your process for calculating the increased rent?
Do you try to recoup the $2200 over a year? Over 2 years? 3 years? Is it based on how much the improvement increases your property value?
I am thinking that I will try to recuperate my new flooring cost over the course of 3 years.
I am very interested to know everyone's process!