Preety much both bathrooms have mold and cabinets are all destroyed with water damager etc so we have a lot of work in 10 of thousands of dollares. 

A bathroom remodel being one thing I am trying to do right now.

Essentially, living for free is the goal until I can com up with the down payment for my next one.

I have a multi-family property in Noblesville, IN which is in need of major cosmetic rehab on 4 small bathrooms. 

You don't have to seek an attorney's professional opinion, but they becomes an essential piece to your team moving forward the larger your portfolio gets.

This is essentially using OPM (Other People's Money) to build wealth over time.Appreciation: Appreciation Over time, real estate properties tend to appreciate, or go up in value, at about the same rate as inflation (3-4%).

We just put new floor into the kitchen and bathrooms, new vanity sets and cabinets, also the kitchen appliences are 6 months old...i just wonder if prices could decline because it is an absolute hot sellers market right now...

We put in 3/4" hardwood oak, painted, updated a bathroom, painted kitchen cabinets, changed countertops & tiled the flooring.What made you interested in investing in this type of deal?

Our plan for this property is to add a bedroom in the basement and a 3/4 bathroom on the first floor.

My wife and I bought an investment property earlier this year that needed some work; we planned on finishing a basement and adding a bathroom.