Focus on what the rents will look like post-renovation with 4 units instead of 2, and have a clear game plan for refinancing to pull your capital back out. 

If able, speak to them face-to-face at their work, your kids soccer game, church, whatever.

Although I’ve been investing in real estate, both directly and indirectly for 45+ years, I still get a “queasy” feeling when an investment does not perform as expected.My “aha” moment occurs when we reach the point when, despite the investment problems, we’re able to still show a good/substantial profit at the end of our holding period.  

Hey @Brittney Yang, feel free to reach out.

Here’s the situation (personal details removed):The tenant reached out explaining that they’re going through financial difficulties due to an ongoing divorce and lack of child support.

Start by reaching out to an architect or engineer—they’ll guide you through everything from zoning checks to permits and inspections.hope this helps!

Commercial is a totally different ball game than residential, so connecting with a commercial broker will definitely make your life easier.

However, I found that about 1/3 of the emails I sent through the system never reached the recipient.

Negotiating felt like a game of chess—except I was playing against a grandmaster, and my queen was missing.

It’s been a game changer.