My father is a contractor so we will be able to complete most of the work ourselves while keeping costs low and add equity.

Typical renovations include:Cosmetic Updates: Painting, flooring, kitchen and bathroom upgrades, and landscaping.Structural Repairs: Fixing any underlying issues such as foundation repairs, plumbing, or electrical updates.Efficiency Improvements: Adding energy-efficient windows, new HVAC systems, and better insulation to increase the property's overall value.The goal of the rehab phase is to increase the property’s market value while making it an attractive place for tenants.

I've been buried with tax preparation and a couple projects, so BP moved from the back burner to completely off the stove!

The spacious rooms boast beautiful hardwood floors throughout.

Purchase price: $125,000 Cash invested: $75,000 Sale price: $248,000 Decent fix and flip completed in 2024.

., paint, flooring, or perhaps a kitchen or bathroom remodel), buying it at a decent discount, and putting down at least 25%.

If you want to toss everything left into a dumpster before you have legal confirmation of him completely vacating the unit and confirmation that you can trash everything left behind, make sure you catalog it well.

Quote from @Anthony French: I’m relatively new to real estate development, having completed only one fix-and-flip project.

The IRA has to be treated as completely separate from you.But lets say you have $200k in a IRA.

Hi Jacky, your neighbor might be completely happy with the fence as is.