New windows, new landscaping in backyard, new sky lights, new roof.

Here's my favorite: Instead of rent increases on your expiring leases, add a monthly utility fee to cover water/sewer/trash/recycling/landscaping as a "community fee."

An example would be to use the same gardener and repair person for all properties, get a volume discount and basically streamline the processes.

The value add is strictly cleaning up the property and taking care of the landscaping and interior paint.

Need to paint landscape to get top dollar.

Exterior we added fresh landscape, rebuilt the front porch, and added a fire pit area where an old garage had been.What was the outcome?

Accrual BasisIncome$86,280Expenses Utilities$15,728 Property Tax$10,442 Landscape/Snow Removal$4,400 Management Fees$4,314 Maintenance/Repair$4,000 Insurance$2,091 Trash$864Net Income$44,441Owner values building at a 10% cap rate based on the above numbers.

Expenses are about 10k (tax, hoa, repairs, CapEx water, gardener, pest control).5 year lease option?

Nature, art and urban planning will be showcased as Creekwalk’s architecture and building materials transition from plunges & pools, landscaped grasses and scenic spaces to walking and biking paths, bus stops, and transportation connections.

The price I want to set for the house $102,000 ($5k profit).2) He's responsible for pool, landscaping, snow, house repairs, and all utilities, and I imagine he'll be updating and fixing things up on the inside.3) He has the option to purchase the house for $102,000 after the one year mark.