Establish a strong financial strategy that includes budgeting, various financing possibilities, risk assessment, and backup plans.

But it's important to assess your financial status, emergency savings, investments, and cash flow requirements before making a decision.

When making investment decisions, be sure to assess your financial situation, current market conditions, investment objectives, and risk tolerance.Good luck!

Then the condos needed new roofs so there was an assessment of $400 for 10 years.

Hi Edwin,  Congratulations on your current real estate investments and saving up emergency funds.it's essential to consult with a financial advisor or real estate professional to assess the potential risks and rewards of accessing the HELOC and investing the funds.

Instead, appraisal costs may be deductible as a current expense if they are incurred for the purpose of determining the property's fair market value for a specific business purpose, such as refinancing or appealing property tax assessments.

For this specific property, my current assessment is that while there is definitely improvements that can be made to the landscaping, for the neighborhood it doesn't make much sense to invest in it.Curious what others have experienced when it comes to attracting tenants in relation to investing in landscaping for LT rental properties.

There is a new assessment done every year.Typical assessments of 750K to 1 Mill would put you at 8-11 K in property taxes annually.

I have 11 apartments so i thought the best plan was an assessment. $50 per apartment and $50 for 2 stairs and extra $50 for two passages $700.00I now know what is basically required to fix the units.

Assess the potential benefits and risks associated with each decision.