Too much cash sitting idle- Townhouse - appreciation has underperformed Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Here are some considerations for each option:Option 1: Using the HELOC for a down payment and renovation on a second property to rent:Pros:You can leverage your existing property to acquire another investment property without selling your current home.Rental properties can provide a steady income stream and potential long-term appreciation.You can use the HELOC funds for renovation, which can increase the property value and rental income.Cons:You'll have to manage the property yourself or hire a property manager, which can be time-consuming and add to your expenses.There is a risk of vacancies or unexpected maintenance costs, which could impact your cash flow.You'll have to pay back the HELOC, which will increase your monthly expenses.Option 2: Building a new house in a new community and selling it for a profit:Pros:You can potentially make a significant profit if the market is favorable and the property value increases during the construction period.Building a new house allows you to customize the property and potentially attract more buyers or higher rents.Cons:This strategy involves a higher level of risk, as you're betting on the market to appreciate in a relatively short period.There are many unknowns and potential delays in the construction process, which could impact your timeline and profitability.You'll need to have a good understanding of the local real estate market and construction costs to ensure that your project is profitable.Before choosing either of these strategies, consider the following:Research the local market conditions in Chandler, Arizona, to understand the current demand for rental properties and new construction homes.Consult with a real estate agent or investment advisor who has experience in the local market to get their insights on the best strategy for your situation.Evaluate your financial situation, including your income, expenses, and risk tolerance, to determine if either strategy aligns with your goals and financial capacity.Consider the tax implications of each option, as this can impact your overall profitability.Create a detailed financial plan for each option, including projected income, expenses, and potential risks, to help you make an informed decision.Ultimately, the best strategy for you will depend on your unique situation and goals.

Nevada: Reno & Las VegasI need help from folks experienced in the real estate arena in honing down to the top 5 areas & neighborhoods or any other areas you may have insight into. 

Hello Bigger Pockets, I am interested in purchasing a single family residence investment property in Indianapolis and I was told by the real estate agent that if I purchase it as an investment property that the property taxes would double.

With that amount of money, your agent should be able to easily find cash-flowing, multi-unit properties in Los Angeles. 

Hey @Alex Jacobs, I'd start by finding a solid investor friendly agent in your local area; definitely meet with a few of them, but ideally you will find someone who has a decent network that can connect you with resources such as a solid lender.

Most experienced GCs can give you a real close number just by a walk-by....

If you are using an agent to rent your property, then his MLS may or may not syndicate with other websites such as Zillow, Redfin, Homes, 'Apartments.com, Trulia, etc....you can check by typing in your home address on each of these websites to determine if your property was syndicated or not.7 If it wasn't syndicated, then yo will have to post it up individually on these websites. 

My name is Aya and I'm excited to dive into the world of real estate and property management.As a newcomer, I'm eager to learn from experienced mentors, real estate agents, lenders, contractors/handymen, bookkeepers, CPAs, lawyers, insurance agents, and property managers.

As an investor and agent here in Columbus Ohio, if you have any questions or want to connect, definitely reach out!