@Felicia Richardson just a note for the future. 

Quote from @Nicholas Dillon: Hi guys,I am a relatively new RE investor.  

Hello everyone, I purchased my home two years ago, and currently, I have a tenant renting a room for $800, which helps cover my mortgage. This was my first property, and while it's been a great learning experience, I ...

The GC arm of your RE business will make you or break you. 

Let me walk you through some exciting trends that I’ve observed firsthand, which could shape the future of your portfolio.1.

I’ll have to re-think how I manage FB Messenger communications moving forward, like perhaps switching to the corporate email once anything goes past the initial inquiry. 

In order to help finance the care, we are currently renting house and foresee needing to draw equity from it in the future. 

Past performance is no indication of future results.

You are a high w2 earner, The house is worth 110k today, you are buying from your grandma for 60k in exchange for free rent for life, upside ARV of 200k.The costs of owning the house will help provide tax relief on your high w2 earnings, you are buying a great chunk of equity that will pay off in the future, and you and your grandma are doing each other solids. 

In 2023, we sold it for $245,000, achieving a strong return and leveraging the experience to fuel future projects.