Spending money on improvements increases your cost basis, which lowers your taxable gain, but it doesn’t change the exchange rules.

However, I could use some historical performance information on how this 4-plex method stacks up.

Dell Technologies Inc. is planning a $25 million expansion over the next five years at its Round Rock headquarters.That was disclosed by Round Rock Chamber officials during an Aug. 28 meeting as the Round Rock City Council unanimously voted to approve nominating Dell (Nasdaq: DELL) at its HQ at 1 Dell Way as a qualified enterprise project as part of the Texas Enterprise Zone Program.Dell is planning $25 million in real property and business personal property improvements at the site over the next five years, consisting of expansion, new construction and renovation.

Both notes and rentals can build wealth, but they do it in different ways: Notes (performing or non-performing): • Pros: Cash flow is usually more predictable, lower day-to-day involvement, and you can often buy at discounts that juice returns. • Cons: Limited upside beyond the terms of the note.

I’m a local agent and investor here, and for new investors doing BRRRR or flips, I’d recommend spending time learning about the neighborhoods and typical property types that perform well.

We moved quickly with clean terms, prioritized the seller’s timing, and focused diligence on the few variables that really drive RV park performance (seasonal mix, infrastructure, local demand).

The way you’re bringing tenants up to market rents while improving the property itself is smart; it should make the rental increases much easier to justify.

The metrics I look at is cash on cash return, what interest rates you are getting, % down need to close, points that need to be paid, capital improvement cost (if substantial), and what your cash flows are looking like on these new acquisitions (i.e. +$200 a month after all expenses).  

Any advice for improving bookings without racing to the bottom on nightly rates?

Anytime contractors & maintenance personnel are entering occupied units there is potential for trouble if the situation is not handled carefully.Do they provide itemized statements with receipts for the work performed?