For this apartment, how will you be adding value other than the foundation repair? 

Please free to pm me if you would like to be added to our buyers list!

I need to be added to mls for Cleveland.

House hacking at its finest : )6.Just FYI- Long Beach ranked 8th nationally among the 100 largest US cities in month-to-month average rent increases and y-o-y from 2016 to 2017 with a 7.8% increaseI’ve contacted multiple planners from building and safety and have gotten the green light that a rear unit can be added as long as it passes through historical commission (yes I know this can be a headache) and as long as it meets parking requirements.I currently have a short and sweet background in real estate appraisal for tax purposes but not so much for real world investing that have real ramifications.

Instead, they are added to the purchase price of the home to determine its tax basis.Points (discount points, loan origination fees)  has to amortized over the term of the loan.Any work (both repairs and improvement) you do before placing the unit for service has to be added to basis.So, it would beneficial to wait until you place it in service to make additional repairs.

Does this person needed to be added to the LLC as well, if we are to purchase the property under the LLC and delay finance afterwards?

At the end of the day, renting means that you don't actually own anything, and while having a house will probably mean that you'll have to be paying a big down payment, if you can afford that, you'll be adding a huge asset to your name.

Yes - requesting to be added as an additionally insured (in the same way many property management companies are added - sometimes there's a low additional cost for this).

Make sure to include all receipts related to fixing the property.also tally up driving to and from the property, including to reach out to any contractors.Also any fees paid to the lawyer to draft up the contract.All should be able to be added to the basis of the property when calculating the gainCongrats on the fix&flip!

My fiancé and I currently have three listings we manage and will be adding a fourth by the end of the month.