Hey Everyone, I hope everyone has had a great productive day so far!

The proven additional cashflow may compensate for that a bit but that will be largely priced in and you may even need to discount the cap rate at sale. 

Purchase price: $900,000 Sale price: $1,395,000 SOLD!

The historic preservation tax credits are federal tax credits that encourage property developers and owners to rehabilitate and preserve historic and non-historic buildings used in trade or business or held for the production of income.

. - Annualized ROIFor Rentals that we hold in our portfolio, that were perhaps once BRRRRs, I analyze based on ROE - Return on EquityI used this equation to back into my maximum allowable offer (MAO): ARV - Rehab Costs - Holding Costs - Purchase & Sale Costs - Desired Profit as a percentage of ARV = MAO

The prob with putting cheap laminate over hardwood for the same cost is that you’re left with a fad less durable product and will be doing it again in a few years.

If you had to pick 3-5 things that you would love to see on the app what would those tools, products or features be?

This is not a non-owner-occupied investment loan product.

My question would be what happens if the bank calls the loan due to the sale?

(DO NOT DO THIS NOW) but the difference in production when I changed out the sofa, linens and provided exterior amenities was drastic.