Does the property need any improvement?

They'll appreciate you wanting to improve the property.Ramp Increases:  Depending how much you want to increase rates, explain what the current market rates could be. 

Surround yourself with experienced people who will help you evaluate a deal:  real estate broker, property manager, real estate agent, lawyer, CPA, insurance broker, finance adviser and a steady diet of improving books.

Repair the Property rather than Improve – You can deduct a large portion of the repairs of each item if you claim them as a repair rather than an improvement.8.

Location: Florence, SCShort Term Goals: - Purchase 1 SFH property by end of the month, convert to a multi family, rent out- Complete my business planPersonal Development: - listen to all BP Podcast episodes starting from Episode 1 (currently on Ep. 25)- listen to Rants & Gems podcast - re-read The Book on Flipping Houses and ABC’s of RE investing- read Estimating Rehab book and the E-Myth- utilize @tuckermerrihew resourcesBiggerPockets Goals:- get at least 3 responses on my first two posts- improve deal analysis accuracy on the BRRR calculator and Rehab estimatorglad to contribute to the community

When negotiating things like pets, late fees, adding a roommate, making improvements etc. if I have to say “No” I just reference the lease or say it’s against our business policy.

You essentially lower your exit cap by improving the park from a visual and functional stand point. 

This detailed engineering-based Cost Segregation Study will also be used to help maximize improvements and renovation in addition to being used for potential savings with insurance premium costs and property tax appeals.

Make a list of items that you would replace and head to the local home improvement store.

I'm in the process of buying 6 fam in Brooklyn- a very quickly improving area.