My units are larger 3 and 4 bdrm townhomes, 1600-1800 sf each, intended to serve families.With a mid-range construction budget, what items are worth splurging on to get improved rents? 

Purchase price: $165,000 Cash invested: $165,000 Bought cash and doing improvements, hope to refinance and pull off a BRRRR on this one soon.

Maybe things will improve this spring with more inventory...if there is more inventory, that is. 

So for 2021 I’ll report a capital improvement that gets added to my cost basis, and then in 2022 I’ll depreciate the value of property with <20 year life.

My goal is help people get into a nice home with a landlord they can count on, improve the neighborhood and generate long term wealth for my family and to supplement my pension from the Fire Dept, As a start!

My goal is help people get into a nice home with a landlord they can count on, improve the neighborhood and generate long term wealth for my family and to supplement my pension from the Fire Dept, As a start!

I love the idea of investing locally and improving the community while building a strong portfolio, so I find this really compelling!

There are some interior cosmetic improvements I plan to make utilizing the cash flow of the property over the first year.

I will offer less than the $200K its advertised for, trying to get it for $190K, which will improve the free cash flow and ROI slightly.

I will offer less than the $200K its advertised for, trying to get it for $190K, which will improve the free cash flow and ROI slightly.