In addition, your basis can be increased by capital improvements you’ve made over time (like remodels, additions, or a new roof).

It is so common for people just to say "I need to improve my score" or "pay off debt" without context of how you got in that position.

There has to be huge rent increases available with limited improvement cost.

The positive cashflow can help prepare for these improvements.

We have picked up deals that were sitting on the market that were poorly listed (photos, description, etc.) that with some cosmetic improvements, netted more than what many saw and hence passed on. 

But if rates drop by spring, waiting could improve terms.

I'm trying to figure out which core improvements move the needle the most for the WNY buyer/appraiser.

DSCR rates have really improved over the past few months. 

Improve the lookup function.  

Winter is creeping up, and for those of us managing older multifamily buildings (especially the pre-war stock with steam radiators), heat season is right around the corner.One small, inexpensive improvement I’ve been testing is retrofitting radiators with covers.Here’s why:- Safety: Tenants with kids or pets don’t have to worry about burns.- Efficiency: Covers with reflective backing help direct heat into the room instead of into the wall.- Aesthetics: An old clunky radiator is rarely the best look.