The kitchen is not about pure function any longer, it is a piece of art all on it's own.

If you are earning income of any kind, the folks at the federal government want their piece.

The single most important piece of advice that I received in regards to Real Estate is the following: "Timing the market is not what matters, rather, TIME IN the market is!"  

I contacted an attorney's office in Wyoming to set up the LLC and they told me:"A Wyoming LLC will not provide a GA piece of investment property with any asset protection.

Expected NumbersBefore diving into the main financial data pieces to follow that move yields, a final, very important financial concept to cover is how the markets interpret data.

I own a 3 unit multi family that is part of a 2 piece parcel of land.

I'd look at way more than one piece of land.

You might get lucky.I'm dealing with my own issues right now as I have a 5 plex that is not nob and tube but is screw in fuses and the insurance company (auto owners) threw a fit and demand the fuse boxes all be replaced with breakers or they will drop me.I'm right down to the wire and they have issued a do not renew order until fixed because it has taken 7 months to get all the paperwork and consumers on board with the update.I have a really good electrician coming in two weeks now that he finally has his permits, parts and pieces, electrical company ready for the work to be done.The electrician warned that he was only doing this because he was friends with my PM.

Value is being added by building a new build triplex on a vacant piece of land.

But that market has gotten so much hype and publicity as a great BRRRR city that it's dry right now and I am actively setting up market number 2 but I get to take with me the lessons I learned building market 1.It's trial and error, it's trust but verify, it's motivating the game pieces in the market: the agents, the GCs, the wholesalers.