
21 September 2024 | 7 replies
I have only been at this a little over a year, but have learned patience really is a strong virtue in this.

20 September 2024 | 22 replies
in particular make sure you know the value that will be added by the ADU and that in your case both units may be rent controlled (no 15 year exemption in some jurisdictions for a garage conversion were garage is over 15 years old.

20 September 2024 | 1 reply
Lived in it for 2 years and bought a bigger house and have been renting for the last 10ish years.

20 September 2024 | 9 replies
I assume you deduct it over the next 5, 7.5 and 15 years?

21 September 2024 | 1 reply
The goal is immediate cashflow that will quickly increase as we fix-up and/or lease up the properties, which ultimately will lead to a higher property value and a cash-out refi within the 5-year term.Do you happen to know of any good portfolio, bridge, and/or DSCR lenders, private or otherwise, that may be willing to work with such a scenario?

20 September 2024 | 3 replies
They are young, still in college one more year with minimal income.

20 September 2024 | 17 replies
Year 2 you will get close to your potential revenue, most say year 3 is when you hit your peak revenue.

23 September 2024 | 16 replies
I won't be ready to buy an investment property for another year or so, so in the meantime, I'm practicing my researching skills as much as possible.Thanks,Chris

20 September 2024 | 23 replies
Another thought is to find some previous guests (like myself) that are still around, or still alive, and bring them back some years after their previous show, to kind of document their RE journey.

20 September 2024 | 11 replies
However, your appreciation potential (especially in the last 2 years) is great.