Those fees add to the price of the property and many companies choose to cut other areas like renovations rather than increase the value of their product.  

With a few tweaks to the management structure, and with new leadership, I figure we can greatly increase the revenue.

Capitalized costs increase the basis and depreciation deductions over 27.5 years.

And during inflationary times, our rental rates increase.

That then registers the property at a new “base rate” and your future rent increases all be “base rate” + Inflation as guided by the town.

I have spent the last few years reading many books on real estate, taking real estate courses, researching, saving as much as I could, investing (to increase my purchase power) and finally feel I can begin my real estate journey this year. 

RAD’s real estate holdings nationwide were worth some $24 million as of last fall, the company has reported.According to one of the 81 ads for RAD running earlier this week on Facebook and its sibling social-media sites, RAD shares surged from $14.23 in January 2021 to $18.52 in January 2022, an increase of 30%.

The time back will free up more time to increase your active income, or acquisition of more rentals to get you more cashflow (passively or actively).

I'd underwrite the property, with that low interest rate assumable mortgage, to cash flow positively from day 1 as a long-term rental, but be willing and able to use the rent by the room strategy or to rent out part of the property as a Short Term Rental to dramatically increase cash flow during my occupancy. 

For more expensive properties, the flat fee means the credit/refund increases exponentially, like $19,000 on a $1 million property.4.