When considering a project for an Investment property, the first question you need to ask yourself, is simply, "Is this necessary, now?" If the project is not considered dire and the consequences are minimal to nil, then logically in this market, it would seem to make fiscal sense to postpone the project (e.g. - Window replacements, asphalt replacement vs. repair) Secondly, the next aspect to consider is how to recoup the cost of the improvements? Rent Increase? Reduction in amenities? Does the current market or your current rents allow for upside movement? Do you … (2 comments)
blue harvest: Real Estate the Family Guy Way
- 02/13/09 01:20 AM
Investment Real Estate Improvement Considerations When considering a project for an Investment property, the first question you need to ask yourself, is simply, "Is this necessary, now?" If the project is not considered dire and the consequences are minimal to nil, then logically in this market, it would seem to make fiscal sense to postpone the project (e.g. - Window replacements, asphalt replacement vs. repair) Secondly, the next aspect to consider is how to recoup the cost of the improvements? Rent Increase? Reduction in amenities? Does the current market or your current rents allow for upside movement? Do you offer things … (4 comments)
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Commercial Investment Real Estate, Ohio, Summit County, Cuyahoga County, Apartments For Sale, Multi-Family, Retail
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