Nonetheless, it was made possible by a local credit union.

Feel free to reach out if you have any questions about the local market here or want to connect! 

They are usually looking at C or D properties that local agents tell them will “cash flow“ They usually don’t cash flow because of high maintenance and vacancy.

Return:Finishing the basement and adding bedrooms can add significant value, especially if your local market places a premium on additional living space.

As we’re beginning to get a grasp on the scale of the challenges ahead we wanted to highlight a few areas of note and concern that is already influencing the local and national real estate market.

Unfortunately, I’ve run into a major issue: I received a Stop Work Notice on my property in Covington, GA, because I didn’t have the proper permits for the renovations.I want to resolve this as quickly and smoothly as possible without jeopardizing the project.Can anyone offer advice or share their experience with:1.How to address the Stop Work Notice with the local authorities?

But they are usually a bit expensive I believe.I would also go to your local REIA and ask around there.

As for finding a contractor, asking local investors for recommendations is a great start.

Connecting with local contractors or experienced investors in your area is also very helpful for getting accurate numbers.For ARV you’ll want to look at comps; You can start on Zillow or Realtor.com but I highly suggest connecting with a local agent.

I would get on the phone with a local lender through a local bank.