Cap Rate is determined by the market, so an investors can not influence cap rate.

So if you can boost the NOI then you know how much value you’ve added to your property.

I'm running into a similar issue, where I'm accounting for a refi in year 6 or 7 that is boosting my ROI/IRR over the long-term hold. 

With this new property, i'd like to start off on the right track, so i figure that hiring a real estate savvy accountant would be a huge boost for me. 

But steady growth in jobs and income will boost housing demand over time.

Complete interior remodel in a great area helped to boost rents by $300 per month.

The rent rates are comparable to similar units in the area and could go up a little, but that of course needs to wait until the current leases expire so that’s not an option.My plan is to use the income from this house to boost my monthly income so I can go and buy a second building, then pay down this first one and refinance.

We've seen an increase in both which has boosted our occupancy rate.Our properties are leasing faster than usual with 13/21 properties renting in 10 days or less in April.  

Then the rehab should help boost the ARV to offset the 20-25% the bank will keep for themselves essentially. 

Build your sphere of influence by reaching outside to unknown groups;2.