
17 January 2025 | 6 replies
Even in HCOL areas, adding an ADU typically does not make sense because developing a single small unit is the most expensive residential development that exists.Adding an ADU is a lot of work (probably more than a brrrr but with worse return), has poor financing options, typically adds less value than the cost of the addition, and detracts something from the primary structure even if it is just yard and privacy.Good luck

21 January 2025 | 10 replies
If you have an older home that requires a lot of maintenance, you probably want to avoid the manager who charges a markup.I recommend shopping around occasionally to see if your PM is procuring fair pricing or just marking you up to make money without justification.As for expectations, you need to read the PM agreement and understand what is charged and why.

18 January 2025 | 2 replies
If not, you could focus on other selling points, like the acreage or future ADU potential, but a garage would probably make the property more competitive.

19 January 2025 | 7 replies
@Victor Yang I am not a CPA but you cannot take passive losses (real estate activities) to offset active income (W2) unless you make under a certain threshold from your W2 (I don't recall the exact salary).That being said if it is turnkey and you can't value add to create rent growth then probably not worth it at the price

17 January 2025 | 22 replies
That will probably be the best place to share the story.

17 January 2025 | 6 replies
AS such, you probably would not buy the house you have now as a primary rental from the get go.

17 January 2025 | 7 replies
Right, but to get an ARV close to $130k, you'll probably need rent to be close to $1,300 unless you can sell it to a retail buyer, which could be a big risk on its own.

21 January 2025 | 59 replies
Today I would probably figure out to make money online with AI, that's an opportunity that did not exist in this form.

16 January 2025 | 3 replies
So I know that is probably a great place to advertise.

23 January 2025 | 5 replies
You will probably run into some issues and need to budget for that.You budgeted 5k for unforeseen expenses on a 4000sft home.