Keep all the money you collected from the previous year for emergency only and repeat the process. 

Hey everyone,For those in the real estate game, how do you track your property expenses, labor, and other details during the renovation process, especially when managing multiple properties simultaneously (e.g., 3-5 houses)?

You need to do what you can to keep ALL of your places pest free and teach your tenants their role in the process as well. 

I have a few vendors that I paid over $600 for services that were independent contractors and wanted to know the process for taxes.

In working on construction loan financing, the lender informed me I'll need to unencumber that portion of the property (makes sense) before closing on the construction loan.I understand there to be two methods generally speaking: refinancing my mortgage and removing that portion of the property in the process OR attaining a partial release from the lender to remove that land.I *strongly* want to avoid refinancing as I have an amazing rate, but partial releases seem complex and also require a survey.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

State not only allows but makes policies to force counties to comply but counties DO resist and purposely make the process very difficult.

Lets connect, it would be great to learn more about the industrial development process as well as some opportunities in that side of industry! 

They are rarely reported accurately by realtors on the MLS when transactions close to begin with and I don't believe anything other than the contract sale prices are utilized although an official study on this would be very interesting albeit a painstaking process to undertake. 

As a realtor specializing in pre-construction, commercial, and investment properties, I’d be happy to answer any questions or help guide you through the process if you’re interested.