I believe this is a much more accurate way to account for expenses than to try to plug in expenses that are impossible to predict for a given property.MikeWell, this $20,000 expense can occur in any state, any city, any town - not just LA.

In any event, as Charles mentioned - improvements of the type the original post was about, oh so many years ago, would be depreciated separately from the original cost of the building....

The recent US events can be very positive for savvy RE investors who are more than momentum investors.Good hunting.

If you attend a weekend event for $10,000 and you do 1 extra deal or you make $10,000 extra profit then the course paid for itself.

I'm afraid I'm going to start sounding like a nag around here, but appreciation that is (or isn't) occurring in your single-family home market has almost nothing to do with the value of your 8-unit apartment building.

Scores are negatively impacted by events such as late payment, incomplete or partial payments, defaults, and judgements or liens, and range from 300 to 850.

Thanks......HAPPY INVESTING....Regards,Jorge "Can't help it when your a natural born Go Getter"Jorge,You were missed at the event we look forward to seeing you on the next one.

In any event the seller's records are a bit disorganized so I am using the tools to help get a handle on things even if we do not use the PM tool long term.1.

Changes in your available credit to current balance ratio will not be updated immediately in the month the payment is made and can take anywhere from 30-60 days to get updated by all three bureaus...The only way you can guarantee an "immediate" change to both your credit balance ratio and score is to do a rapid rescore (in tandem with a financing event---rescoring can only be done by lenders).Regards,Scott MillerOriginally posted by "beekrock":Thanks, guys!

Welcome to the Boards We have networking events all over Greater Chicagoland.