Leveraging that asset to finance another deal is smart play, and the townhouse you're eyeing seems like it could be a great addition to your portfolio.When it comes to budgeting for renovations, it's definitely a challenge to nail down accurate estimates, especially when resources might feel a bit outdated or not region-specific.

I am trying to keep my eye out for good turnkey properties right now. 

In LA you sign a covenant with the city that you will not short term rent out the JADU and that you, the owner, will either live in the main house or the JADU.

yes it's legal because the income is not on ordinary income but on passive income in IRS eyes, they would not check anyway.

Hi Kenneth, I work with a few spec builders on the lending side in Charlotte, NC and am always keeping an eye out for off market deals, including land.

The struggle with RTP is non-HOA, non-covenant housing availability.

Baltimore is certainly an area you need to go in with your eyes wide open and with an agent who knows locals rules and all its idiosyncrasies. 

Feel free to reach out if you ever want to chat about a particular property or you need a second set of eyes to nail down the property you're looking for. 

Sanjeev Advani, a beacon for professionals and investors alike within these industries, offers a deep dive into strategies that promise not just survival but prosperity in these competitive fields.Navigating Real Estate with AcumenThe real estate market, with its cyclical nature and regional nuances, requires a keen eye and a forward-thinking mindset.

I wouldn't get hung up on that metric if you can find a property in an appreciating market that is at least cash-flow neutral.As a Realtor, I try to keep an eye out on forums and make connections with wholesalers to find off-market properties.