I’ve lived here for 4 years and have been watching the market closely.

If the refund was an additional $1,000, you may have to question if it was worth it.If you did a DIY Cost seg, you likely paid around $600If you went the other route, you likely paid $2,500+The cost to the accountant to prepare the amended return was likely $500+

I will lever it lightly with assumable debt, or not at all, and keep this conservatism going until cap rates are ~100bps above interest rates on property of reasonable quality and nearby where I live and operate my business.If that happens next year, I’ll cash out refi to a moderate debt level and buy!

@Edwin Lopez House hack to start the portfolio in real estate since living in the property you can do low down payments. 

Are you going to be living in part of it? 

However, the fact that it was an existing structure with utilities and plumbing running to the garage made our lives significantly easier.Existing 2nd Story Crash PadZONING AND PLANNINGWe’re located in a suburb of Boston where ADUs are allowed by-right… except if the structure is detached from the main building 🙄 which requires a “special permit”.

@Shawn Good I live in fox lake.

Hello all,My name is Raheim and I live in North Carolina, i am new to investing amd looking forward to learning and networking.

It was not comfortable in the LEAST but I was cash flowing and was essentially being paid to live in an appreciating asset.

Lucie doesn't have any mutli-family homes however I do find homes with mother-in-law suites from time to time where you can have more than one tenant living in each unit.