Original hardwood floors, trim, arched doorways, and handsome, functional, fireplace help maintain the original character of the home.

Original hardwood floors, trim, arched doorways, and handsome, functional, fireplace help maintain the original character of the home.

The annual rent increase is limited to 3.5% a year, however this year, we've spent about 35k in new siding for the building, a new floor for her apartment, a new fan, new stove and hood. 

Assets identified in this study include:Appliances: Dishwashers, laundry machines and refrigeratorsElectrical and communication systems: Specialized equipmentCabinetry, Countertops and shelvingInterior Finishes: Laminate flooring, carpet, and decorative elements.Security and communication systems: computer connections, alarm systems and telephone connections60.8% of the total depreciable basis was classified as 39-year class life.

There will end up being 4600 sq ft of floor space for all buildings combined.

However, during my time there, my landlord was living happily near the beach with a big home, a new BMW, and a 36-unit apartment building (3 floors, 12 units per floor).

I rent the second floor for 2100 which leaves me with the remainder payment of 1132.Am I generating cash flow since I have approximately 65% of my mortgage covered by the tenants?

A big trick is to do cosmetic updates to max out the rents, for example most deals I sell we raise rents a good 30-100% after paint, new counters, new flooring, paint/replace cabinets.

When the broker registered her clients ( these folks) its done the builder will honor this and pay the agent regardless if their floor rep takes over or not.. thats what registering the client means..

Mistake #2, assuming the security was installed.)The house was broken into and a fire was started on the third floor, assuming by a homeless person, a can of soup and a camping burner was left behind.