The lender must review and approve the renovations in advance, and must inspect the completion of all items that cost more than $5,000.A borrower may request reimbursement for their payments for the cost of materials or for the cost of properly documented contract labor, but not for the cost of their sweat equity (labor).

@Chris Seveney Yes, I found their website, I have their marketing materials and I've talked to their broker.

Most times the water usage drop is significant and the residents are much more likely to notify you when they have a leaking toilet etc.We've also found that the expenses for the material and install is often recovered within two years or less.Sometimes we need to reduce the rent by $20-30 less than what we would otherwise be able to rent it for, but in some cases, it doesn’t affect the rent at all.

We got hit with some covid related delays sourcing some materials but other than it was great!

We got hit with some covid related delays sourcing some materials but other than it was great!

Purchase price: $234,000 Cash invested: $98,000 Sale price: $380,000 This older house and the owner was a Hoarder, both cats and material junk. removed Five (5), 40 yard dumpsters of junk.

These turnkey marketers – or promoters, same difference – they usually bump up the property price by $5k to $20k to make their cut.

Hey @Robert Bleisch, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

Hey @Julia France, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.