It's a good idea to talk to legal and financial experts about taxes, insurance, liability, rental agreements, and managing your finances.

I have around $100k cash saved up.

Our idea is to convert part of the home to a Jr Adu and get rental income that will offset the expenses for dear dad and let dad live rent free.  

Hi @Rabia Khan,To answer that question, it would be up to whether you can afford a single-family home, or if you would like the idea of not caring for the outside of the building and common areas.

I would like to update the propriety but lack sufficient funds and do not want to tap into my savings.

Avoid Anything to do with Growth Equity Group or SDIRA Wealth as if your life savings depends on it. 

I think its a great idea to add your children as an authorized user to start building their credit. 

Consider targeting properties that have the potential for appreciation in value, as well as options for utilizing tax-saving strategies such as cost segregation and 1031 exchanges.

Build a legal rental unit with kitchen, bathroom, new windows and others, according to the design from Sokol Design-Build GroupDig out the basement and install a new concrete slab, it's a separate addition job and will cost $ 15K - $ 20K.much better than the first one (and yes both are insured and are experts in the field) I may have to GC this project myself to save some money. 

Hello,
I am working with a RE agent to sell my triplex property.  It's a very tough call to sell due to a job relocation. The agent initially shared a strategy to price low and let the demand drive the price alternat...