As Accountants on BP we cannot self-promote.To help in and help in the search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

You can use this tool to figure out that part: https://docs.google.com/document/d/100dRzu-iQEIZbR1adxIASdH2...Once you have that you should engage a local broker to discuss the options for those types of uses in your market and they will be able to help you understand the overall picture and cap rates of the various options.

Hi all,I am currently house hunting for my first home in the Aurora, CO area and am interested in finding something with a finished basement that I could create a separate entrance for (assuming one doesn't already exist) and rent it out to tenants and make a dent in the mortgage payment given this high interest rate environment.

High property taxes might be offset by better rental rates, or vice versa.

It’s also likely useful to picture who your ideal tenant is…families, students, contract workers, etc. that’s also going to greatly dictate where you look.

Which have been my original main focus, but those cities are getting expensive and when the price is within reason I’m finding a very high crime rate…will keep searching…

Is not it prudent to pay by all cash to avoid high interest rate at this time?

About 2 weeks ago, we've decided to hold 99% of our Acquisitions local to the Charlotte area due to the High Growth this area is experiencing.

There is a high percentage chance that those closing costs are actually going to buy down their interest rate.

Is removing black mold from the basement a high priority in most cases?