It’s awesome that you’re diving into real estate and taking the time to build a solid foundation first.

This year promises fresh opportunities in commercial real estate — and we’re here to help you navigate them.

Best of luck on your real estate future, it's been a fun adventure for me!

Having held a Real Estate license in Hawaii, I completed coursework and exams for Minnesota and Wisconsin to become a realtor in both states.

Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.  

I've been investing in real estate for 10 years and have purchased and rented 50 sfh's and duplexes.

Are you looking to just buy the laundromat business without the real estate or both together for $300k?

So in all, no real tough spots other than normal aside from not knowing you were required to hire an electrician, but that's unusual anyway.   

Do you have other ways to decrease your expenses or increase your income aside from real estate? 

It is usually difficult to take money against it from the bank, it might not be a 1:1 value add - meaning if you invest 100k into an adu it might not raise your value by 100kThat being said, it can be pretty lucrative especially in expensive and sunny CA - since building lots are no where to be found and existing real estate returns are very poor.My partner builds these units.