., a Home Improvement Service Company which has sparked our desire to get into the Real Estate Investing BusinessMy wife, Theresa, and I are very excited about being able to learn techniques and get help to build Our Real Estate Portfolio and learn the Real Estate Investing World through the knowledge and help of BiggerPockets.com Members, Forums, Podcasts and BlogsWe are looking forward to making new friends and build new relationships while working at our new Adventure of Real Estate Investing.We Hope add value and a benefit to BiggerPockets.com with our Services.thank You, Best Wishes and May God Bless,Donald and Theresa KlosCustom Refinishing, LLC and AOK Properties LLC

Literally, it went from super high tax to super low next day.Prop 13 is a huge reason why families could move up, without it the taxes created such a burden that one could not afford to move or improve for fear of getting taxed to death.

You can retrofit the space with these to improve the situation.

His summarized guidance is:"Prior to making an offer, analyze the property and make an improvement plan.

We estimate $500-1000 for improvements/repairs because it needs very little work, so we are budgeting $5k above the purchase price to give us a little wiggle room.

BTW there was no contract about improvements or repair costs.

After taking procession of a portfolio of assets, they secure the properties, make necessary cap improvements and then resell.The portfolio being offered consists of 35 units in seven buildings.

You do not want to be improving the property and have to head to auction to bid or buy back from them after auction.  

In this particular case . . .190K ACV + 1M Liability Builder's Risk with Erie is $60 per month150K RC + 1M Liability Builder's Risk with NREIG is $125 per monthIf Erie would consider the ACV of the existing house to be at least 75K, the coverages would appear to be similar, because the ACV of any improvements would seem likely to be the same value as RC.

.- If I were to pay all cash for a townhouse, put capital improvements and acquire appreciation how long from the day I purchased the townhouse would I have to wait until I could reappraise and finance?