Cost of value add was $120k, so over $580k of increase above costs.  

In California, this transfer could also trigger property tax reassessment, increasing the tax bill.

Why someone willingly wants to work with a government agency that will slow down turnover, dictate rents and rent increases, and dictate repairs is beyond me. 

We provide actionable information, not MLS data sheets.I’ve experimented with increasing the scope of our software.

Pace was the only one I encountered who showed up live, who is living these deals out every day and consistently finding ways to deliver (increasing) value to his community.

This may be an opportunity to remove the tenant, refresh the rental, and increase rent significantly with a new tenant you've selected and trained.4.

Repairs ($5k): Increase to $10k for unexpected issues in a 4,000+ sq. ft. property.Total reno costs will likely fall between $180k-$210k, not $145k.

However, by placing money in a property that I would like to have in order to increase my quality of life, that can also produce some cash flow instead of being a liability that requires money every month, I can increase my quality of life without increasing my monthly liabilities.  

I've had to override Christmas 2025 to make it higher because PriceLabs has it too low...but if I increase my base rate, the other dates are off...this may fix itself over time as PriceLabs learns my occupancy and rates, not sure).  

Rehab costs, taxes, and interest during this phase increase the depreciable basis, providing long-term tax benefits.