Staying ahead of the game by understanding how local regulations align with state bills like SB-9, SB-684, and SB-423 can open doors to exciting development projects.SB-9: Simplifying Lot Splits and Duplex BuildsSB-9 streamlines the process for lot splits and duplex construction, offering a straightforward way to increase property value and expand housing options.SB-684: More Flexibility for Smaller ProjectsFor urban lots under 5 acres, SB-684 makes it easier to pursue smaller housing developments, transforming overlooked properties and vacant lots into productive investments.SB-423: Faster Approvals, Fewer HeadachesNo one likes endless waiting.

Cost segregation can be a complicated topic, but I tried to make it simple and easy to understand!

They’ll have a deep understanding of the market and a strong network, which can help you identify the best opportunities.Owning rental property isn’t as simple as it might seem.

Build a strong team, prioritize cash flow, and take the time to understand the local market and regulations, especially for development projects.

I understand why carriers associate Condo/PUD construction with greater liability risk (I am sure being based in Philadelphia, a jury friendly city doesn't help either) but curious which carriers others are finding to price coverage without this exclusion and also price the coverage competitively.This also serves as a reminder to review the coverage when you hire a GC for more substantial or unique construction assignments. 

On top of that, the rent-to-price ratios in Detroit often outperform other markets, which can mean solid cash flow alongside appreciation potential as the city continues to grow.The key with Detroit is understanding the nuances of the market—it has a large footprint, and neighborhoods can vary drastically, even block by block.

I'm still actively searching for a solid contractor as I eye a BRRRR in early to mid 2025

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Build strong partnerships with agents, wholesalers, and investors who understand off-market deal flow and can bring you opportunities others never see.

I would say Dallas is a solid place to start right now.4) Once I've lived in the property for the obligatory year, is that typically long enough to refinance and use HELOC towards my next property?