As you add money to the deal through capital improvements, repairs, etc, etc, your COC return would come back to earth but still be very large.

I have access to theMLS so I do not need to be forwarded listings from there, but we are looking for a 15,000 square foot lot (minimum) zoned commercial in Los Angeles for a client to expand his business on.

Unfortunately the seller also agreed in his lease and with them to let them take any rental improvements that they made  they also got $1800 worth of rental discount for these during their tenancy, and that the property was appraised with these.

Landlords in Allentown, are you noticing your improvements to generate a higher quality tenant, or is it hard to not be a slum lord in Allentown?

Since that's the way it goes I tend to minimize my pre-emptive improvements and grind them out with the buyer in the inspection portion of the negotiations. 

Real estate agents have access to MLS.

We'd go days and sometimes weeks with intermittent internet access to be able to contact folks back stateside. 

What about the improvements to the basement, including kitchen, separate entrance etc? 

Hi all, this message is actually geared towards the BP Family - @Joshua Dorkin @Mindy Jensen @Scott Trench . I was recently watching a webinar that @Brandon Turner was hosting where he was going over the benefits of u...

In general, I would suggest repairing the rented unit when it is rented now because once you move in to renovate, yes the improvements are added to the basis, but repairs are not ( there is one exception) Although there is a rule that when you are improving the personal residence and there are minor repairs done with the improvements, those repairs can be added to the basis, but you would benefit more doing the repair now while it is rented to get a tax deduction right away rather than adding to the basis.