We help clients close numerous multifamily deals in the valley each month and have good pulse on what's happening.Matt

However, you can expect to recover about 50-55% of your investment when selling the home.Another good option would be to consider converting attic space, finishing a basement, or repurposing a large living area to add a bedroom without expanding the home's footprint.Some other tips to help you save on materials while still creating an appealing finished product: buy in bulk, shop at discount stores and outlets, look for overstock, discontinued items, or slightly imperfect materials, attend auctions and Estate sales, incorporate reclaimed wood, vintage fixtures, or other salvaged items for a unique look at a lower cost, build relationships with suppliers...If you have any more questions or are looking for funding please feel free to reach out to us, we're a private lender.Regards,Jackson

The challenges are too numerous to outline here, a person could literally write a book.

I have been investing for 24 years and have been through numerous major economic challenges.

This representation is crucial if you're ever audited.Regarding whether to hire a CPA versus just a tax preparer: Real estate tax is highly specialized, with numerous code sections and rules specific to the field.

They'll have numerous articles and contacts highlighted monthly that will give you an education in itself over time.

If my contractor has a favorite supplier or know where to get good prices I am happy to go with that.

Originally posted by Joel Owens:If you get 1 sq ft for carpet,pad,tack and strip,and labor install and it is Nylon you are getting one heck of a deal.Joel,Don't forget, you're less than an hour away from where the bulk of the carpet is made in this country (Dalton, GA).I buy from a supplier up there and pay between $3.50 and $3.99 per yard for 26-30 ounce nylon carpet.

Leaving aside if the JV is the best way to fund and assuming its not a scam than the fee is probably a very wise business move because a large percentage of the deals you see are from people who are delusional or are not taking numerous things into account (delays, closing cost, wrong comps, time, etc.).

Search the BP for ADU appraisals to encounter numerous examples.