I have always had the option of getting a graduate degree but never felt the expense would justify what little benefit I would receive.

There are always people who can rehab cheaper than you and have lower initial ROI requirements.   

@Jeremy H. not sure where you are doing your research - there's a lot of misinformation online.Short answer: Yes, the improvements that you make to your backyard do increase your tax basis rental property, but not all of the expenses can be depreciated.

We've all seen the potential benefits: faster construction, potentially lower costs, and the ability to design unique living spaces.

i would do some thinking and discussing and maybe talk to some professionals before you just tossed that much liquid cash against a perfectly decent mortgage... especially with college expenses coming up!  

That sounds bananas expensive, especially if they havent found anything yet... let me check some of my transactions, I feel like the cost should be more like 1500 to 3000, will wrap back around to this

Hi Valerie, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

JackIn several states (I have no idea about yours) the bidding takes the form of lowering the interest you will charge the owner to redeem the tax lien, not that you would pay more than the lien itself.

/ $1000Utilities / $300 mo.Supplies / $60 mo.Lawn Mowers / $200 mo.Total monthly cost$1600-1700Target nightly rate starting out: $140Cleaning Fee: $50Avg. occupancy rate for my area: 46% (This could be inaccurate)Projection: $1932 (@ 46% occupancy) + 300 (cleaning fee @ 6 stays) = $2232 - $67 (3% booking fee) Monthly Revenue:$2165NOI: ~$500/moSo if you have a lower-end home in a smaller town here are the numbers I'm interested in:Total Revenue for 2023 and YTDOccupancy RateApprox.

Basically, It gets crazy expensive.