Quote from @Zachary Kessler: Hello all I’m currently hacking my house that has an ADU dwelling that generates income, I bought this property intending to leave and rent the house that I currently reside in (2 bed 1 bath) I currently have a very good interest rate locked in here from 2022 that I don’t want to lose or have my mortgage called due from leaving here, I live here for very cheap with the income from the ADU.

We provide everything you need to build generational wealth under one roof—property management, construction, experienced agents, and connections to top lenders.

It would seem logical to think that the above metrics would lead to higher rent prices, but that is not the case.

If it's a restaurant with a hood even better as second generation restaurants are valuable.  

I made a few deals in North Dallas.Special assessments and HOA fees are a risk and renting out a condo most likely won't generate much of a cash flow.At $300k with you credit and saving you can still qualified for a loan for sure we have to find the program that works for you.On that budget you could find a nice place no that far from work so you don't have to move far to the suburbs. 

It's a waste of time, will lead you nowhere, and only confuse you at the end.In REI it IS important to have focus, and it IS based on accumulating numbers to base decisions on. 

✅ Foundation – Uncover structural issues that could lead to costly repairs.✅ HVAC System – Ensure heating and cooling systems are operating efficiently.✅ Electrical – Identify faulty wiring or outdated equipment that could be a safety hazard.✅ Plumbing – Detect leaks or hidden damage before they escalate into major expenses.A small investment in a home inspection can save you thousands in unexpected repairs and help protect your bottom line.Do you get a property inspected before making an investment decision?

If you plan to use the remaining HELOC for a DSCR or BRRR strategy, that could help you build more equity, but consider if the current market conditions will lead to higher rates and lower cash flow in the near term.If your goal is to scale, you might consider holding onto your current duplex for the cash flow and focusing on the BRRR/DSCR strategy, which can allow for more control and potentially better long-term returns.

It turns out with inflation and cost of living soaring across the US, my intuition may be leading others, like yourself, to call Iowa home as well.  

My approach balances both—ensuring that my investments generate income while also appreciating in value over time.