If you're thinking about turning your garage into a bedroom with a bathroom to make some extra cash, here’s the scoop based on my 20 years of experience: You'll need to budget for design and engineering costs, which typically run between $2 to $3 per square foot of your total property area, not just the garage.

Based on the advice on taxes though, we could change our decisionAppreciate the help.Out of the two opinions below, which one is correct?

We are a Chicago-based GC-tech (general contracting technology) company but expanding into the Atlanta market where my partner is.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I understood back then that for me to build and scale the business, I needed to always make decisions based on numbers and not emotions, and that's one big reason I've kept myself in the industry now for 4 years.I see a lot of people getting too emotional after their first proof of concept, and most of them are not in the business anymore.

I worked with Martel Turnkey who are primarily based in Cleveland and Memphis and bought a SFH from them.

My understanding is that the bonus depreciation is based on things that have a shorter lifespan than the house itself.

Whether it's hidden gems or established areas, I'm open to exploring various options.Here's where your expertise comes in:- Promising Markets: Based on your experience, which areas offer compelling opportunities for cash flow and appreciation within the $150k range?

Should it be based on the lease value or is negotiating something based on my costs incurred plus time and suffering the better route?

Hi Leanna, Given the work you've put into the property, you can refinance based on its new value without a seasoning period.