Re: Ways to appreciate value of property? - Posted by Ronald * Starr
Posted by Ronald * Starr on July 11, 2001 at 16:12:58:
I’m sorry, your post is too vague to offer you any help. It is possible that it can be done, depending upon the property, the location, the neighborhood.
Are you thinking of a specific property or just sort of asking a generalized question?
If you are asking about a specific property, you need to specify what type of property it is, it’s condition, whehter it is rented out or owner-occupied, what the neighborhood is like. If rented, what are the rents. What are similar properties renting for in the area?
What you think it is worth now and how you got to that conclusion? What the selling prices are for similar properties in the area. Are you raising the value to resell at at profit? For some other reason? If so, what?
Sorry to hit you with so many questions right after the other. Without some details, it is impossible for me to give you any advice.
Good InvestingRon Starr**