The 7% pretax return is also zero-work and accrues month 1 and lowers your portfolio risk (by increasing your cashflow).

So I think people use it as a quick shortcut and yardstick for comparing their own success against other investors.

If it was easy, or simple then it wouldn't be lucrative to take on the WORK and RISK.

This way you should get the write-off for the work and also get your full amount of rent which is good from a bookkkeeping standpoint.

Always happy to discuss the situation on the ground if you want to reach out, as I live, work, and invest here.

.#2 Way to Get Leads: Bandit SignsThey can be a hassle sometimes, take a lot of work, and it does get irritating when they keep getting taken down by the city, but they work very well.

Well, you see, it all goes back to the ancient Greek lunar calendar system.In short, it's "loony".I think they mental shortcut for a "month" being different from a week is easier for regulators to grasp.

A wise investor will not try to get rich quick with shortcuts.

I'm a big fan of equity before cash flow, so if you can make it work and don't plan on rapidly expanding your investment portfolio, this could be a way to gain equity as the tenant pays down your mortgage.

If it is not in the scope the contractor will provide a quotation for the work and is not allowed to start the work until you approve the change order in writing with the defined and agreed upon price and terms.