I predict that the substantial home price cost savings and greater control they enable the buyer to have will make them grow in popularity.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

Hey @Matt Smith 👋🏽I agree that it's not worth renovating the basement - too costly.

It’s about giving you the power to choose, not limiting your options.

There is extra costs, more regulation, and more liability. 

They have cost my business tens of thousands of dollars and countless wasted hours of follow ups and missed opportunities.

Also factor in if the rents jumped a lot and if that would lead to a vacancy, which will cost you more in the short term. 

By year three, I aim to cover all operating costs and, by year four, to generate positive cash flow.Experienced investors say it’s crucial to persevere through the initial challenges while gradually building credibility through positive reviews, and I believe them.

Do you feel like it has enhanced the productivity of your assistants to a magnitude that's worth the cost?

We’ve started talking about the potential for collaboration, particularly to reduce construction costs by building simultaneously.