In my own example, because I was building the house for myself, I spent lots of extra money on t&g plywood floors, 6" walls, upgraded insulation, etc.

Please let me know what you think.8-plex in a low-income neighborhood, no issues keeping it rented.New elec. and plumbing + some other upgrades like a newer water heater.Tenants pay electric (all metered out), Landlord pays utilities.Gross Rent/Year is around $55,000 ($4583/mo; $572/unit)One unit on the 1st floor could be converted into a store front (I'm thinking small laundromat for the 8-plex?

He said they will repair and upgrade the house and  I see the value of the house appreciating in 2-3 years.OR Option 2 Land contract for 3 years with a balloon payment.

Hi, My wife and I recently upgraded to to Bigger Pockets Pro.  

I have a duplex not on the market and will sell it to you for 75k turn key management in place, producing $1200 a month, $600 year taxes, $900 year insurance, no lawn care needed, fridge 2 year waranty with lowes stove 2 year warranty with lowes for both units less headaches plumbing and electrical is upgraded.

The part to take into account is that you have to live somewhere, so this definitely an upgrade position to renting for 900

I'm only upgrading units when the tenant moves out so if I don't like how one unit looks afterward I just do the next one different. 

Let it age while you get your other tasks taken care of.You can wait until you are actively selling your product to upgrade it, but you should also plan to spend at least 2k, probably closer to 5k for a quality business website. 

Hi all,My name is Jen and I'm a newish member, as I've been hanging around the forums for a while now but have recently upgraded to a pro membership and have been upping my game in real estate.I am a full time tech professional in the Bay Area looking to build a career in real estate so that I hopefully never have to work for another corporation again!

Currently according to Zillow I have about 100k in equity ( this is without them knowing I have put in about 30k in upgrades including doing all the work myself. )  My current mortgage is at 5.2 apr with PMI so I am wondering should I refinance and do a HELOC at the same time?