Flat paint didn’t hold up to children aspiring to be Basquiat as well as paint with a sheen.We learned what we shouldn’t do by looking at what we had to do again when our residents vacated.

When putting together our first multifamily deal, we built in a cash reserve to be used over a five-year hold for such things like capital improvements and unit upgrades.

If you allocate enough for maintenance/cap ex, you would be the first newly that I am aware of to have done soRecognize there is a poor relation between initial cash flow and actual cash flow over a long hold.  

Investment Info:Single-family residence buy & hold investment in Las Vegas / Henderson, Nevada. 

If the place has potential, fix the roof and hold onto it – you might earn back the repair money through higher rent or appreciation.

My primary interest is buy and hold property accumulation.

I've had my property for around 7 years and am looking to buy a few more multifamily properties in my area. I will need to use some creative financing or lender as my credit score is low (620) and my current house has...

Are you planning to do long-term by and hold, or another type of investing?

Normally calculating annualized returns is very simple: sum all of the profits and divide by principal and by holding period.

The neighborhood is quiet and charming and I assume the investor wanting to buy the vacant lot will most likely either hold for a while or build on it soon.