Underwriters (and appraisers) will want to see improvements that substantiate the price increase, and if you didn't do any work, you won't be able to provide that.In these cases, an end-buyer with cash is your best bet...

I am taking some advice I have read for 5 years now and making the moves it will take to pay stuff off, reduce my monthly obligations while experimenting and learning how to improve my cash flo.

I can tell you quite a large portion of my practice is dedicated to clients out of state.

I am skeptical but interested in what he had to say so I was wondering if he is just a person trying to sell his get-rich-quick program or do concepts like that actually work in practice?

5) Do you look much at aesthetics thinking that if you improve it, you can increase the value?

Also, I did not mention that we move $150 from each home into a maintained account for future improvements.

And we always factor in if any improvement will actually bring higher rents enough to justify it.

I did not agree with wholesalers practices either so i decided to walk.

became an unintentional landlord 3 years ago on oct 1st. wanted to share with you the tracked expensed over past 3 years.rent $900, $925, $950, $975 (tenant renewed 10/1/2012 for 4th year)Per month average over 36 months: $626 P/I/PMI $199 HOA$116 Repairs/capital improvements$ 6 Vacancy$ 114 Taxes/Insurance$1062 Total Expenses + debt paymentcurrently -$86/month cash flow(this is why you do not buy a condo &, for newbies, to have reserves for the unknown)

Price pressure eventually spreads to the cheaper neighborhood, and the price gap closes to 0%-20%.I've seen this general scenario play out many times over the last 30 years in Denver.Once you own several homes in the cheap neighborhood, you can even try to help "tip" the neighborhood toward gentrification by improving or redeveloping your properties.New light rail lines tend to help a neighborhood's values.