Quick tips…✅ Everyday Homeowners - track all home improvements as you could qualify for energy efficiency home improvement credit - new exterior windows, new central A/C, new hot water heater, new insulation material.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....

Meanwhile the  neighbors quality of life will improve once the new wall is constructed 2025 Q1 and the denser use is consistent with the Philadelphia planning commission's 2035 plan.

After some minor maintenance projects and improvements, have had very few issues and cashflow has been slightly better than expected.

Because significantly less than 100% of your investment actually goes into purchasing or improving the property, and the property is purchased at retail value (or worse), your returns will badly lag any benchmark of direct property investment.  2.

Also, you are not buying at a premium and can allow the property to appreciate if that said area is historically improving. 

This is just the latest case study of how Government is incapable of improving housing affordability on its own.

Investing in curb appeal, such as landscaping improvements, can make a significant difference.

You can refinance sooner than that but you'll need to paper trail all of the improvement costs that lead to the increase in value.

So much so that when we do come across that all-to-rare exception of a person who's grinding at improving there life, to elevate, it's notice, it's a shocker, and we go the extra mile to really help them if and where we can. 

I wonder if rent control laws will be easing anytime soon in this city - other than capping rent prices, I don't think they do anything to help improve the quality of rentals.