Some banks will add on the value of repairs.

I paid about $700 to turn the apartment over (painting and repairs), posted a for-rent add on Craigslist and the MLS, and had over 30 applicants 24 hours later - I've never seen anything like it, huge demand... we're refinishing the bathroom and replacing windows throughout the unit.

An appraiser will generally count all three levels as "above grade" for the appraisal, then add on a little for the basement level.

Dollar wise what kind of vaule does a 2 bedroom becoming a 3 bedroom add on Long Island.

Maybe you can put an add on craigslist or?

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

I wanted to add one piece of advice in regards to capex is if you decide to make an offer make sure you include an inspection contingency on your offer and pay for a complete home inspection;- it will help identify potential future problems (for example if the roof is 15 years old and they put on 20 year shingles you should plan for a roof in the near future)-any major issues that are identified can sometimes be used a bargaining chip, possibly the seller will contribute money to fixing those items -you can use the inspection to dial in an appropriate number to budget for repairs -Anything can go wrong but the report might give you piece of mind knowing that everything is in good repair and well maintained.

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

After he bought it he found the house was an old trailer with add ons all around it.