Purchased under market value, then rehabed myself with sweat (i am not the most talented DIY guy haha) What was the outcome?

When were are in a hot market we require a previewing questionnaire with 5 questions based around the application process - credit, income, pets, etc.

I am trying to figure out if it would be worth it to just bite the bullet and ADU the basement because of the appreciation that I will receive.Interestingly, this property was on the market for over 100 days because the seller was firm on the price, but I was able to negotiate it down a bit.

Now it's a long term rental with under market rent which still nets 40% annual cash on cash return.

Look at their marketing strategy.

These enhancements not only improved its market appeal but also raised its value, transforming it into a desirable home that attracted buyers quickly.

A heavily regulated market.

This decision can impact your time commitment and the overall profitability of your investment.Location: Focus on areas with strong rental demand, population growth, and good job markets.

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

.● Be aware of the average rents in the market.● Familiarize yourself with comparable properties (comps).● Understand what needs to be done in terms of improvements or renovations.● Be knowledgeable about the internal rate of return (IRR) for the investment.● Determine the anticipated holding term for the property.● Know the initial capitalization rate (going-in cap).● Project the exit capitalization rate (exit cap).When facing objections while raising capital, it's important to dig deeper to understand the true underlying concerns.