One effective strategy to maximize unit potential is to explore opportunities for adding extra units, especially in C-Class properties.

And as investors we should know this, but always anticipate higher costs and longer waits.EXAMPLE Breakdown of Costs:Plan Purchase: $1,500Permitting Fees: $2,500-7,500Site Preparation (grading, utilities, foundation): $20,000–$30,000ADUs require separate utility connections for water, electricity, and sewer but you can tap into existing utilities at the primary houseIn Raleigh you CANNOT split lots fee simple, so setting up completely separate utilities would not allow you to section off the ADU as of nowYour ADU must be on a permanent foundation (no wheels, no ability to move the structure)Construction (labor and materials): $100,000–$150,000Low-grade: $150–$180/sq ft averageMid-grade: $180–$220/sq ft averageHigh-end: $220–$250/sq ft averageLandscaping/Finishing Touches: $5,000Total Estimated Cost: $125,000–$200,000You could easily spend $200k+ with super end high finishes, custom designs, complicated sitework, adding a second story or more sqft, etc.

Investment Info:

Industrial commercial investment investment.

Purchase price: $110,000

Cash invested: $2,000,000

399 Helmericks Ave includes 3 warehouse/shops totaling 60,000 sq.ft. and office space ...

Since January I have added Introductory Calls as a means of growing my network.

Governor Greg Abbott today touted Texas as America's undisputed jobs leader for the third year in a row, with more jobs added in Texas in 2024 than in any other state.

Costs before that (during remodeling) are added to the basis.2.

85LTV ask on a LTR rental is a tough ask, when adding an STR factor, nearly every lender will reduce max leverage by 5%. 

Quote from @Benjamin Bieber: Listening to the Bigger Pockets podcasts I hear the ads for rent to retirement all the time.

Take pics of all the junk (I mean high class heirlooms, which is what you'll say in the ad) and put it on craigslist asking for offers.

I can add value to RE by adding a bathroom, renovating the kitchen, ADU, etc.