Cured deferred maintenance (overgrown landscaping, peeling paint, tilted mailboxes), cosmetic work including interior and exterior paint, rebuild of patio fencing, striping of parking lot.

In fact, looking at the numbers unemotionally, we're probably losing $500-$600 monthly on it:  PITI ~ $1,986 / Landscaping and maintenance ~ $70 / Mgmt, capex, maintenance, vacancy ~ $893. 

I have a great landscaper that keeps the houses looking great. 

i'm not sure what is the right approach with the money that you are getting from the bank ....maybe better not to refinance it fully but only with the amount that i'm (in cash) in order to cover my initial expanses and then i will have a lower monthly return....what do you think ?

Hi all, Here is the info on the property:Purchase Price: $105k (they are asking all cash) ARV: $130k Rehab cost: 2k - just landscaping and paintRent: $1050I was hoping to do another BRRRR, but I'll leave some of my money in the deal.

This usually includes but is not limited to PLUMBING, flooring, landscape, utility lines and masonry.

Delivery workers, property workers, landscapers, contractors, your mailman, your garbage man, your meter readers, etc., are great for this because they are driving neighborhoods everyday anyway.

I also used money from an outside investor to finish the back deck and landscaping as well as assistance with lot rent.

I also used money from an outside investor to finish the back deck and landscaping as well as assistance with lot rent.

Properties are cheap (for NJ) and I believe the expansion happening in Parsippany right now will lead to higher property values in surrounding area.