Also what does the city say is the assessed value of the property on your taxes (it will be different than the appraised value, but should give you an idea).

paid cash from a 1031 Exchange How did you add value to the deal?

If you’re using leverage, be extra cautious with your underwriting to ensure the deal still works at today’s rates.Economic Uncertainty: Inflation, potential recessions, or shifts in demand could affect rents, vacancy rates, and property values in some markets.Increased Operating Costs: Rising insurance premiums, property taxes, and maintenance costs can cut into profit margins, particularly for buy-and-hold investments.Regulatory Risks: Some areas are increasing restrictions on landlords, particularly short-term rentals.

Daniel,Memphis is a great market for investors and we have continually seen growth in both rental rates and property values. 

Does adding a ADU create value in a property vs. the price of the adu build? 

Just trying to get started and although there is plenty of information out there, I thought the value was in getting the first deal with them and then learn how to replicate it.

There are a bunch of ways to do this depending on the property type, usage, and you (income and credit scores).If this is a primary residence, you can get up to 90% of the value of your home minus any exisitng debt. 

Look for properties where you can add value with smart, targeted renovations rather than going overboard.Financing Strategy: Since you're aware of the leverage risks, keep your financing options flexible and conservative.

Pro Tip: Use a simple landing page to promote your lead magnet, making it easy for sellers to download it in exchange for their contact information.Why It Works:Providing value upfront builds trust and gets motivated sellers into your pipeline faster.2.

It's never a bad time to buy if you can purchase below market value.