Having a patio or a deck in a home will always bring more value.

Hi,I am a single family home investor, however we are looking to sell our primary home in Chicago and moving to Dallas this summer.We have bought the Chicago home in Nov'22.

We have our own personal home, but are interested in the idea of having some rental properties to generate additional income and build wealth. 

I am a partner in a General Contracting business building new Custom and Production homes.

I know that is not always the case with functionality items for homes. 

We purchased the home on 1/16/2023 for $525,500, invested $40,000 in renovations, and sold it for $658,000 on 6/7/2023.

We also currently have an LLC set up for our short term rental operations which we have been already running out of our spare room in our home which will cease when we rent it out.

This was my first home and first investment property, and they walked me through it and made it easy. 

Mortgage Interest Deduction: You can deduct the interest paid on a mortgage used to buy, build, or improve your home.4.

Research local rental market trends for 3-bedroom, 2-bathroom homes to determine competitive rental rates and ensure they align with your financial goals.Consulting with local real estate professionals can provide valuable insights into market trends and potential challenges.