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Updated over 4 years ago, 07/15/2020

User Stats

47
Posts
26
Votes
Ralph Miller
  • Investor
  • Virginia
26
Votes |
47
Posts

Calculating Increased Rent After an Upgrade

Ralph Miller
  • Investor
  • Virginia
Posted

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!