My very first sale of an improved property as a young agent in 75 was a commercial building in Calistoga sold for 25k LOL..

Improvement from 4/19 which is contractual cut off but they are working with title and escrow to go as fast as possible.

@Joseph Farruggio it's probably whoever is listed as responsible in the lease.If the lease says the landlord is responsible, the landlord is responsible.If the lease says the tenants are responsible, the tenants are responsible.If the lease does not specify, then nobody is responsible--and the landlord needs to improve their lease so that it specifies who is responsible.Good luck out there!

I'm wondering if a brief stint as a MTR can make my primary residence eligible for bonus depreciation of improvements?

To improve underwriting you must focus on the quality of your assumptions. 

, we started our LLC  3 months ago and have little income from 2 JVs, but really hoping to get properties under our own title, do cosmetic improvements resell and be able to grow.

So that is 7 months at 7 leads per month = 49 leads for my 1 potential deal.My guess is that that ratio will improve as time goes on and I get more conversions.

(I know, super late to be posting, but I don’t care.)It’s been several weeks since I’ve last posted, so I wanted to update and also see where everyone else is on/in their journey.Again, I am recently separated veteran from the military due to injury, and now receive full benefits and am in the process of getting ready to invest my first multifamily property.I am currently going through the pre-approval process, my credit score has improved tremendously, and focused on growing my transportation technology startup as I’ve just been accepted into an Incubator program for startups.I am looking at duplexes currently, and still have been engaged in networking/building relationships and educating myself with books and podcasts.It has been one hell of a year (not in a great way at the start of it), but I’m looking forward to 2023.

It is pretty clear this complex is located in a desirable area as occupancy without improvements is 93%

Renovations + Improvements - Rent Increase Lessons learned?