Quote from @Robel Nessro: How is President Trump going to effect the Real Estate Industry, will it benefit the investors or impact the market and investors?  

Hello everyone,I’m an experienced real estate developer and builder with over 35 years in high-end construction and property development across Canada and Mexico.

The overall trend of the 10-year treasury appears to be downward reflecting as well right now, with the most recent high of 4.8% on 1/13/2025 failing to touch the previous high of 4.98% on 10/19/2023 and now sharply falling to 4.62% today (1/24/2025).

When everything was said and done, we walked away with $50K in profit.The Key Takeaway for WholesalersMost wholesalers would have completely ignored this deal because it wasn’t assignable at a high spread.

But consider this: if your time is worth $100/hour and you spend 40 hours a year on tasks you could outsource for $25/hour, you’re effectively losing $3,000 of potential value each year. 

This would imply AA has an effective tax rate of ~3.5% for an investment property 

For your seller its an effective sales price of ask - 2% using your assumed $500,000 thats $490,000, a real good offer depending on your market.  

If you have an RC Wiley or similar mid/high end furniture/appliance/home furnishings/flooring shop.

They want the cash flow now but aren't worried about the side effects of the quick fix or lower tier asset.

I recently completed one on a multifamily property and found it to be a cost-effective approach.That said, there are a couple of additional factors to consider beyond the code differences between a garage conversion and new construction:Coastal Overlay Zones – If your property is in a coastal overlay, building a ground-up ADU may require Coastal Commission review, which can add time and complexity to the process.