This increase in income can positively affect the property's valuation.When you refinance, the lender will likely look at the income potential of both units, so the improved and rented side can help demonstrate increased value.The fact that you already have a long-term, stable tenant in the other unit is also favorable in the eyes of lenders.Increasing Rent for a Long-Term Tenant:Research Local Laws: First, understand your local laws and regulations regarding rent increases, especially with elderly tenants.

It can strengthen your relationship with your property manager and demonstrate that you value their contributions to your business.It helps ensure compliance with lease agreements.Many lease agreements require landlords to name their property managers as additional insured parties on their insurance policies.

do not think a GC license is the same in all states or that it will protect you - in CT all it takes to get a GC license is like $200 and a postage stamp - these guys can do roofs too - I think in NY you actually have to demonstrate you know about roofing to get a roofer license - check the procedure before you think a piece of paper means more than it does, and keep in mind the BBB and/or the state may not help you and that it will likely be your money that gets drained if you sue an LLC

I really value a tax professional who demonstrates non linear thinking, and a deep understanding of the law. thanks in advance

This systematic approach ensures that you buy during both highs and lows in the market.To demonstrate the effectiveness of cost averaging, I've gathered data from the Colorado Springs market.

The PM is wrong - and has demonstrated a lack of knowledge and compliance with Florida Law. 

I will use the following example to demonstrate the problem.Suppose you invest in a city with low appreciation.

We asked for the seller to drop 70k (50k off the price and 20k in credits) to account for the work (we got estimates from multiple contractors to demonstrate the expense) and they accepted.I have also asked for a credit towards expenses on EVERY deal I have ever done.

The concept is to be able to clearly demonstrate to the IRS - in the event of an audit - that you know an expense (and its interest) is business-related because that credit card is used exclusively for business.

You have demonstrated an exceptional level of discipline and financial savvy that will serve you well in all areas of your life.Your achievement is an inspiration to others, and I have no doubt that you will continue to inspire those around you as you pursue your goals and aspirations.Please accept my warmest congratulations and best wishes for continued success in all your future endeavors.