But fear not, my fellow investors, because these issues are slowly but surely getting better, and with the simple diligence of keeping an eye on those sneaky property taxes, along with the ever-increasing insurance costs, you will do great.Speaking of golden opportunities, the MHC market has become more institutional, meaning more opportunities for those of us with a keen eye for quality investments.

Since I’ve increased my deal flow to a significant degree, I find that this technique eliminates the wasted time and effort of dealing with people who aren’t highly motivated to close a transaction.  

can you share your methods and tools?

Any advice/resources on property management tools is much appreciated! 

For my own portfolio diversification I want investments on the risk spectrum, some high risk, some medium risk, many low risk.  

A Stanford study revealed that over 75% of the ADUs built in San Jose between 2016 and 2020 did not have a permit and are therefore illegal housing units.The lengthy permitting process, high construction costs, and shortage of tradespeople are some of the factors motivating property owners and contractors to take on the risk of building, renting to tenants, and/or housing family & friends in an illegal unit.

(My company has it’s general liability insurance, of course.)So, this is a temporary arrangement, at least for now.He will charge a fee to pull permits and to do periodic inspections to make sure my subcontractors are doing quality work but I will be project managing the entire job and handling all components of the renovation from design, floor plans, estimating, purchasing, hiring and overseeing the subcontractors, etc.The general contractor and I are regrouping next week to discuss what he would like to charge and I just want to get some feedback from you experts before we meet.

I have a husband and 2 kids and I promised my son we wouldn't move again until he has graduated high school (3 years).

Account ClosedIts a good point about the yardsAlot of pro framers I know who do high volume use 84 Lumber and smaller regional type yards not the Menards etc.   

I don't really like that ROI as high yield savings accounts almost pay 5% these days, surely you could do better than 6.75%