Therefore, if you are afraid you will miss the wave and drop your prices too early you will lose revenue potential.

Calculating the potential cash flow and ROI by considering the property purchase price, rental income, expenses, and potential appreciation is key.When looking for a property to invest in, it's important to consider the potential rental income it can generate.

Are you looking for a turnkey property that's ready to rent out immediately, or are you interested in a property that needs work, where you can add value and potentially utilize the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method?

You don't buy a $350k property for 1,800 rent unless you want to capsize your portfolio or unless it is a holdover tenant and the property has a ton of appreciation potential.

Investors should remember that self-directed IRAs are self-directed, which means it is 100% up to the individual to do their research and conduct thorough due diligence, find good sponsors, and explore potential opportunities and risks prior to investing in any fund or other alternative investment.

Buy or inherit and hold for a long time, then cash out and redeploy equity into potentially higher cash flowing properties or other investments.2.

Good evening, I have a SFR in Miami dade county and this is the zoning info from the county website:Land UseMuni ZonePA ZoneGENERALRU-2 5700 - DUPLEXES - GENERALFrom the county website I was redirected to:  https://library.municode.com/fl/miami_-_dade_county/codes/co...and I think the construction of a new unit in the back (There should be enough space)  can potentially be approved based on the exception (3)ARTICLE XV. - RU-2, TWO-FAMILY RESIDENTIAL DISTRICT[19]SHARE LINK TO SECTIONPRINT SECTIONDOWNLOAD (DOCX) OF SECTIONSEMAIL SECTIONCOMPARE VERSIONSFootnotes: --- (19) ---Cross reference— Height of fences, walls and hedges in RU Districts, § 33-11; location of swimming pools in RU-2 Districts, § 33-20(c); maximum setback for principal residential buildings in RU-2 Districts, § 33-45.Sec. 33-201. - Uses permitted.SHARE LINK TO SECTIONPRINT SECTIONDOWNLOAD (DOCX) OF SECTIONSEMAIL SECTIONCOMPARE VERSIONSNo land, body of water and/or structure shall be used or permitted to be used and no structure shall be hereafter erected, constructed, moved, reconstructed or structurally altered for any purpose in an RU-2 District which is designed, arranged, or intended to be used or occupied for any purpose, unless otherwise provided for, excepting for one or more of the following uses:(1)Every use permitted in RU-1, RU-1M(a) and RU-1M(b) Districts.(1.1)Workforce housing units in compliance with the provisions of Article XIIA of this Code.(2)On lots meeting the requirements for two-family use, every use as a duplex or two-family residence, including two private garages.

North side of Chicago has lower profit margins but higher potential for appreciation, just something to keep in mind.

ARV potential How did you finance this deal?

So when a potential renter comes in and you were managing my property.