These templates can help streamline your project and improve communication with your contractorThese should give you a solid starting point for your renovation project.

The best you can do research your market, improve personal budgeting, improve credit, and get your dollars working for you.

After a few candid conversations, they realized they could negotiate slightly higher rents by offering small improvments..things like better loading dock access or upgrading the security features..turning a so-so cash flow into something much healthier.When you break down your family friend’s situation, it might help to consider these angles:Selling and redeploying capitla could open up opportunities in markets where cash flow is a bit juicier.

We often give owners advice before the turnover letting them know that if we turned over the tenant, how we could improve the property, at what cost, and what the rents would improve to.

I agree that it would certainly would be a huge improvement to get the facts before pontificating uninformed ignorant opinions.

And even fewer people seek to improve their ROI on BOTH the things they are not achieving and the things they are achieving.

We also have a PLAN to improve the properties, thus increasing rents and improving cashflow.So, it's important to have a pretty good PLAN about what your goals are!

• Resources for Learning: We’re working on improving our deal analysis skills and would love recommendations for tools, books, courses, or calculators tailored for beginners.• Networking and Connections: Are there local Bay Area meetups or forums for new investors?

To improve your business going forward, it is important that you recognize how you created the problem.There are a portion of residents that if you give them an inch, they will take mile. 

@Shaheen Ahmed you can find all the info you need online if you know where to look - except that the City of Detroit Assessor's Office is consistently undervaluing properties to keep property taxes attractive for investors - to keep improving the city:)Here's some copy & paste infor for Michigan Property Taxes that you might be able to use as a template for other areas - or you could start investing in Detroit:)----------------------------------------------------------------------------------------------------Michigan has some of the most complicated property taxes in the USA.