They only need property management.Not first time I heard folk decide to "shift sectors". 

But now it is shifting dramatically to AirBnb, which I am not thrilled about, but it is what it is.  

Lots of changes lately with everything going on with the NAR lawsuit, many other lawsuits, and the huge uptick in scams not to mention increased risks of personal safety for agents, increased theft at showings and open houses, fake sellers, fake buyers, fake agents, fake landlords stealing security deposits, wire fraud etc. a lot of agents are getting caught up in these things and have a lot of legal liability so brokerages are shifting the way they do business and developing safer protocols.

Look out for probable markets taking into account issues revolving around employment opportunities, population shifts, tendencies in renting out homes coupled with economic stability.

Here's what the quote covers:- Conversion of 2 bedroom, 1 bath main house to 3 bedroom, 2 bath (~1040 sf footprint)- Demolition of existing walls (existing dining room wall, wall between kitchen and living, bathroom closet)- Finished Shell (Reframing opening to living room and kitchen, shifting openings for bathroom/bedroom, new walls at bathroom and dining, level - Replace all aluminum windows with fiberglass windows and screens- Upsizing plumbing, and relocating fixture locations as necessary- Upgrading electrical panels- Assume heat pump and ductless mini-split for heating and cooling- An allowance for kitchen appliances including combination range, hood, dishwasher, microwave, refrigerator, and washer/dryer- An allowance for mid-grade plumbing and lighting fixtures (Delta, Kohler, or equivalent)- Mid-grade plumbing and lighting fixtures (Delta, Kohler, or equivalent)- Ikea cabinets or equivalent with solid surface countertops, includes island- Assume solar system to be installed on the house including battery storageFor the garage ADU, the garage would need to be demoed and rebuilt, but we would benefit from building within the setback since the garage is on the property lines.

You can run your own comps on Zillow/redin  make sure you understand your local market and how much finishes, bed bath count effect prices, don’t lie to yourself about arv or project it to go up that’s how you end up in trouble.if you can get all those variables down, while things can still happen/go wrong you should have a good ball park of the potential profit margin, always room for error in your net profit, markets can shift, you can get hit with unexpected expenses etc. 

That first investment property is so essential to shift your mindset to that of an investor, and to build the foundation to be able to scale upon in the future! 

From there, I shifted my focus to scaling while recycling my capital.

With active inventory soaring by 34.1% and the months supply of inventory climbing by 44.4%, it's a gentle reminder that in the real estate world, balance is key.Broward Townhomes & Condos: Where Urban Chic Meets Coastal CharmNow, let's shift our focus to Broward's urban landscape, where townhomes & condos radiate an irresistible charm.

U.S. housing market is seeing significant shifts, with regions like the Midwest, Great Lakes, and the South emerging as hotspots for real estate activity.