This house was built in 1979 so roughly about 45 years old.

They might be thrown off guard by saying I'm going to charge them more rent for their own built out. 

Listening to one of Brandon Turner's books and he mentions this (https://www.biggerpockets.com/blog/plan-to-make-a-million)My question is how do you calculate your loan paydown for the principal and how much equity you've built up?

makes the conversation feel more collaborative and helps ease tension around price.The built-in pauses in your script are great.

Hi everyone,I recently finished up a builder mentorship program in Dallas, TX where we built a home (1500 sqft 3bd 2.5ba) from the ground up.

Southern impression is primarily a single family home builder and their floorplans are all too large for profitability. they are overbuilding each unit and adding unnecessary things like garages that don't get you any income and only drive the construction values up. a garage on it's own isn't with much more than what it's built for and doesn't really add to the equity gain in new construction 

While it's true that UBIT can scale up to 37% rapidly, this typically occurs only after $12,000 of income, and you can deduct expenses, including depreciation, against the leveraged portion, subtracting the first $1,000 before calculating UBIT.

There are so many homes that have been built over 40 years ago.

If I were you I would pay down my Debt, join your local real estate Club, learn how to search for deals and wholesale, and then start buying once you have built up enough cash Reserves

Hi All -A bill was recently passed to allow Accessory Dwelling Units (ADUs) (<900 SF) to be built by-right in single-family zoning districts.https://www.mass.gov/info-details/accessory-dwelling-unitsMy understanding is that you could buy a single family home and build an ADU on it and rent it out.