Hello BP world,I am getting my real estate license next week and have already been attending a casual training workshop with a KW brokerage in Baton Rouge.

Putting a garage door in place and renting it as an art studio or workshop?

Purchase price: $120,000 Cash invested: $160,000 Sale price: $489,000 Major renovation and 1,200 S.f addition on quarter acre, corner hillside site.Original house was a 1970 stucco bungelow 2bdr/2baEnd result was a 4bdr/4ba custom architectural home including a single common wall self contained 400s.f. permitted, rentable guest house.New 2-car garage with workshop and new full RV hook-ups What made you interested in investing in this type of deal?

There’s whole courses and workshops on it.

The idea I'm still workshopping goes as follows: Negotiate with sellers (particularly investor-oriented sellers) to accept a lower price for their property in exchange for receiving a significant portion of cash that the property produces for the 5 years following my purchase.

Having the addition 100 amps for the ADU (or workshop!)

Case in point, January I was at the NYSE on Wall Street for a workshop, asked one of the financial advisors a question from Chase and he looked at me like I was crazy you know why?

@Roshan Khadka Strongly encourage you to explore ‘Fixated on Real Estate’ there events are typically between Seattle & Tacoma but they offer 60-90 day challenges which are workshops for newbie investors.

They hold meetings and workshops, and you are more likely to attend because they are closer to where you are living. 

Unfortunately, the building was nearly gutted and just looked like an old workshop with a kitchen.