When renting it out you can charge much more and if you ever sell down the line, this will be a HUGE bonus that people will be willing to pay for.Adding a bathroom or even a half bath:Adding a bathroom or even a half bathroom is an excellent way to increase rent and create more equity.

Let me reach out to my cleaning crew and see if they have bandwidth to take more .. poconos is a high traffic area - lots of potential but at the same time high expenses - maintaining a hot tub is just one of the other hassles .. but I would suggest having it accessible to guests as most folks who come in especially during winter consider that as a added bonus .

A Duplex, 3 bedroom 1 bathroom over 3 Bedroom 1 bathroom with an added bonus of a Finished basement with 2 Bathrooms.

PLUS.. a bonus strategy on how to hybrid a room to accomodate kids AND adults that could benefit you!

Entice brokers with a ridiculous signing bonus for the next 90 days.  

Connect with me for more details.Total Acquisition: $16,595,000EMD: $500,000Property Type: Single Family Rental Neighborhood (OKC area)Status: Complete on COUnits: 72Financial Benefit for Investors:Tax Savings in 2023 (Bonus Depreciation): $2,697,715Untrended YOC: ~6 CAPEMx: ~1.73-1.83IRR: 37-73%Hold Period: 1-3yr Peter

You can't compare apartment buildings with NNN one is active and one is passive with the right lease, location, and tenant.Most of my clients are buying single tenant right now because of a 1031 exchange or they want bonus depreciation tax benefits etc. 

I also looked at syndications with bonus depreciation to negate cap gains, but I would still have to pay 10% CA tax and you cannot bonus depreciate forever.   

My plan is to see if he will let ME reno the house, HE sells it, and then he pockets the before work value (plus a 10-15% bonus) and I get my renovation costs back and the profit. 

Main Floor: 3 Bed + 1 bonus room in basement + 2 Bathroom + KitchenBasement: 2 Bed + 1 Bathroom + KitchenWould like guidance, should proceed for deal ?