electrical service upgrade, new roof, new boilers etc....

Joshua Dorkin may already have this in mind for future upgrades, or may be persuaded to add to those pages for educating us noobs.

The same question that hunts me every year raised its ugly head once again.Issue #1:I have two times of expenses, routine maintenance that sometimes is quite costly .. like labor and materials to repair main sewer .. or upgrading the unit after its vacated.Second category is rehabbing trashed new acquisition.IRS rule is relatively simple: If the item has short life span .. like a gasket or so .. labor and materials can be expensed in the same year.

my analysis of the rant FWIW - as a landlord, you need to practice the 3 F's - friendly & fair but firm. 1st & foremeost - this is a people business.in regards to your upgrades, you just need to look at the competition & equal that.

I've typically followed a similar formula to Jscott's in that I want to have a better house than the competition (eg. upgraded finishes, etc.) priced below the competition.

I do run Virtual Box on the work mac for one application I have to use that is Windows only.If you buy a Windows 7 machine you should be able to upgrade for free.

When you plan to rent a property, you need to limit your investment to as little as it takes to rent out the home.As to replenishing your personal funds, selling off a couple of your well rehabbed and upgraded units sounds like an economical way to accomplish that.

Actually be there to meet the appraiser and discuss the work you did to the house.Aren't you going to have to upgrade the HVAC and electrical for all the new space?

The 2 strip concrete drive is "green" and makes a statement in more "hip and socially conscious" areas.

When we developed a subdivision, we offered granite countertops, stainless appliances, upgraded tile in baths, stamped concrete driveways, concrete mowing strip in front yard, etc. all standard.