I would be happy to talk you through the process, let me know when you are available to talk

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. 

Each of these could cause the borrower to need more capital during the construction process independent of the cash necessary to close.

Network for collaboration, learn from successful investors, and discuss ROI and financing techniques for meaningful conversations with Houston investors.Good Luck!

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)?

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.

Experience - We've been building for 10+ years in this market and have successfully built and sold 200+ SFHs4. 

I have been interview these folks and almost down to the right folks.What I am seeking from the community is experience from those that have done this and have been successful but also those that have pitfalls to learn from those to either not make the same mistake, or do what works. 

@Mark Miles, I know we've had this discussion before, but a lot of us have invested very successfully in the Poconos, and built a good community there. 

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