Make sure potential builders sign a non-disclosure agreement (NDA) before showing them your plans.

This was my first taste of what is possible being an investor within real estate and gave me prospective of what I could potentially scale to.

They can provide insights into tax implications, specific filing requirements, and potential deductions.General advice?

When screening potential tenants, be sure to check for credit history, rental history, and ask for references from previous landlords or roommates.

We got a reply pretty quick & brought the potential tenants over and let them check out the house.

I have non qualified stock options through my W2 employer now that has potential in about 5-8 years to exercise.

Could be a nice AirBNB studio with income potential up to $1500/mo by itself.

Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion.

We also host meetups about every 2-3 months in Norfolk that typically has 40-60 people show up every time, and would love to expand that number so everyone has the opportunity to network with their potential next business partner.

Even if you buy a property right you can lose potential profit by not managing the rehab effectively.