It's a condo built in the 70s that needs some framing, drywall work, flooring, cabinets hung, bathroom surround tiled, electrical outlets replaced (because it's dumb when they're all different colors), & doors hung.

HI all, I am buying a duplex (my first investment property). I have a LLC for my restaurant which has been in business for about 4-5 years. I'm considering putting the property under this business name. First, I would...

Organic loss to lease would be any losses in potential rent due to the natural lease up cycle, meaning if rents are growing in the market, then leases dating back 11 months ago would be renting at a lower rate than market but this doesn’t necessarily mean the property has under market rents and a strong opportunity to increase rents.

Since then, I added an additional bathroom, increased its value, was able to do a cash out refi and pulled out my down payment.

My question is do we do this in one big increase? 

Leases are usually flat (no increases) and for a period of 5 years, with two 5-year options to renew at a predetermined amount. 

The main factor for me, if I try to correct the tax records, it might end up getting into higher tax bracket  and it may not be attractive investment anymore, but the big question I have is, will the city/county put it into higher tax bracket if we increase number of rooms and dont have to increase sq ft size at the tax records?

Or, just increase your rents ~$200/year.

If I don't pay cash, I pay off as quickly as I can to increase cash flow.

Here are basic stats on single-family home sales for March 2018 for the City of Austin and the greater Austin area:In addition to Austin's housing supply and affordability issues, we can now include increasing mortgage interest rates to the significant forces applying downward pressure:The Fed is anticipating three to four rate hikes in 2018.