My opinion would be to watch this play out.

@Tyler Case - You could offer someone a promissory note or a debt play, e.g. someone brings the downpayment and renovation costs and you pay them a flat 10-12% interest on their money with the plan to refinance their funds out down the road.

It's crucial to understand the financials and market trends to gauge the potential value of a property accurately.One key aspect is the cap rate, which is a big player in determining a property's value based on its income compared to its price tag.

The contract is submitted when pulling the permit because the permit cost is generally based on the price on the contract.

i would imagine you could get away with a little less in your area based on facts rents are higher. 

They can provide a more detailed analysis and advice based on current market conditions and future projections. 

Based on the advice on taxes though, we could change our decisionAppreciate the help.Out of the two opinions below, which one is correct?

One of the applicants is a Section 8 applicant in the state of California.(1) I want to be conscious when screening tenants, I am wondering should I have them all apply at once and play $40 for application fee, knowing that only 1 tenant would be able to stay?

If you're thinking about turning your garage into a bedroom with a bathroom to make some extra cash, here’s the scoop based on my 20 years of experience: You'll need to budget for design and engineering costs, which typically run between $2 to $3 per square foot of your total property area, not just the garage.

We are a Chicago-based GC-tech (general contracting technology) company but expanding into the Atlanta market where my partner is.