We were fortunate to make a nice little return and their $500 turned into $750 in a matter of 6 months.

Hadn’t bought my first property yet at that point.I ended up breaking contract because of the roof but the short answer is that if you are going to rent a room in a basement it needs to have egress.

Start by deciding whether to purchase your first property, invest in a short-term rental, or build from scratch.

Purchase Another Investment Property and Utilize a Cost Segregation Study:When you reinvest in a new investment property, you can perform a cost segregation study to accelerate depreciation.

I've used them in a $300k property and am currently putting them in my latest, $140k property.

In a nutshell I think a down vote button would not serve to further communication between us which is the goal of the site.

If you buy in a popular market, particularly in a Grade A neighborhood, you might experience negative cash flow.

Our strategic improvements and efficient project management resulted in a significant return, benefitting both our team and partner, Preston Moore.

The cool thing is you can structure the agreement between you and the private money investor in a lot of different ways that works for both parties.

I know the podcasts and books speak about being in a deal with zero skin in the game, but that is an outlier situation not the norm.