They loved it because they got some play money right away and steady income each month without having to deal with toilets and tenants.

Instead of selling the home, you could continue to rent it at market prices either to the seller or a new tenant once the initial lease was complete.

Also your permitting process, type or land, grade of land, if underpinning is required will all play a factor into your cost. 

It's unclear on how that plays into your question about taxes.

Play dumb, ask questions, and try to gain as much info as possible before choosing a contractor. 

The recent earthquakes destroyed many multi-family complexes and will continue doing so.

14 Jan 2025Maggie Switek, Brock Smith, and Abigail HumphreysWith inflation easing and the US economy experiencing continued growth, the turbulence triggered by the COVID-19 pandemic is now largely behind us.

Contractors play such a huge role in real estate projects.

Networking plays a crucial role in this industry and remember to keep learning continuously.

So loan it is.A few thoughts/questions on my mind that I hope to learn as I continue my real estate journey:1.