Existing security deposits are unaffected here, but we are no longer allowed to collect more than one month's rent in deposits and fees. 

In August 2020, I took on what seemed like a great deal—a three-family property in Manchester.

Some of my rentals are grandfathered in, but are in areas where re-building would no longer be permitted. 

I am thinking of house hacking through the use of an ADU since I live in a more expensive area than most.

Instead of leaving equity tied up in the property, you can refinance and put that money to work on your next investment.Advantages:Leverage: You’re using borrowed money to increase your purchasing power.Long-term Wealth: By holding rental properties, you benefit from appreciation, passive income, and tax advantages.Scalability: The ability to keep reinvesting capital makes it easier to scale compared to traditional buy-and-hold methods.Is BRRR Right for You?

I'd be happy to hop on the phone to walk you through what I've learned with the 7 RE deals I've invested in in Indy, and what our team has learned helping over 150+ investors buy / sell in Indianapolis. 

We're in the good ole US of A.

I looked up the owners, they live in SoCal a few thousand miles away.

What questions and concerns do you have about investing in Fall 2024?

May I ask what your challenges are in the Midwest that you aren't experiencing in Utah?