We have not identified a new primary or investment property to purchase yet.

I’ve  always loved houses and the building process since I was a little girl watching my dad.

Having engineering plans and calculations can streamline the permitting process, as many local authorities require this documentation for ADU conversions.I can't give an invoice estimate as I am not well versed in how engineers price their work, but I would assume something around $5,000 for engineering services on a project of this size.

If the owners purchased very recently or invested a bunch of money into the property it will be unlikely they will accept a lower down and an extended repayment period. - Little to no existing debt tied to property.

Hey - In March, I purchased 2 4-plexes in Las Vegas as an investment.

Here are some simple tips to help you communicate better with your guests:Respond Promptly: Try to reply to messages and inquiries quickly, ideally within an hour, to show you’re attentive.Provide Clear Info: Make sure your listing is detailed with information about your home, rules, and check-in process to set clear expectations.Personal Touch: Use the guest’s name and reference their questions to make them feel welcomed and valued.House Manual: Create a simple guide with Wi-Fi details, local tips, and house rules to answer common questions.Check-In and Check-Out: Send reminders with instructions a day or two before their stay and before check-out to keep things smooth.Respect Privacy: Let guests know you’re available if they need anything but respect their privacy preferences.Handle Issues Well: Address any concerns promptly and professionally to ensure a positive experience.Follow Up: Check in after their arrival to make sure everything is okay and thank them after their stay, asking for feedback.If you have any questions about managing your Airbnb, feel free to reach out for tips or advice!

If you were to purchase something I may be interested in being the “local contact” and possibly helping out in other ways if you were to self manage.

Thank you. yes your wrong.. the day of equity only loans left the barn in the GFC.. pert near every single HML that is in the business of making loans will want to see you bring some cash in.. now you can refi paid for assets and take cash out.. so maybe thats what you do buy them for cash then refi.. but for new purchases they are going to want to see downpayments..

I plan to access some of the equity in my home, along with cash on hand, to purchase and reno property.  

Hello, I am a newbie to the real estate/investing world and just started my journey in the research process.