Slum lords leave money on the table. A well-cared for property is smart business for you as an investor: (1) Prime condition properties rent and sell for more, and they rent faster (reducing the dreaded turnover cost). (2) Tenants stay longer in well-cared for homes. The main concern every tenant has is: will you fix Read more about Slum lords make less money as investors[…]
There are two main considerations: costs and safety. If you want a pool, it is a much more economical to buy a home with an existing pool rather than to install one. If you buy a home with a pool it may add $10,000 to the price whereas installing the same pool in the same house may cost $40,000 in today’s dollars.