However, a common benchmark is aiming for at least 6-8% cash-on-cash return based on your total investment (purchase price + rehab + closing costs).Always factor in appreciation potential, tax benefits, and personal risk tolerance.

It's creating new ways to unlock property potential and offers a pathway to profitable investments if you're targeting the right neighborhoods.Here’s the deal: SB-9 allows to split a single-family lot into two parcels and build up to four units.

This collaborative approach not only enriches your understanding but also opens doors to potential partnerships and investment opportunities.

Prioritize your financial stability.

For example, if the loan officer asks you what your monthly payments are and your mother-in-law moved in with you because she is struggling financially and you are paying her car payment, don't share that you are paying her car payment every month.

With my in-laws living in Augusta,  I visit the area a few times a year, and it definitely seems like there’s some potential in the market.  

I sent email notification to all tenants the following day saying that this is unacceptable behavior since it can potentially cause a fire and carbon monoxide poisoning.  

Your contractors, staff, and the financial markets will create challenges. 

Say, I have a potential client that has asked me to value a 7 unit apartment building.

Screen your potential tenants.