You can get all your permits in order before then so you’re ready to go, but you might have to wait a year to start the project depending on when those leases expire.

As a reminder, bonus depreciation started to phase out in 2023.

The current market value of the home is about $645,000.Key Details:Purchase Year: 2020Purchase Price: $415,000Current Market Value: $645,000Mortgage Interest Rate: 2.99%Equity: $320,000Current Monthly Cash Flow: $1,450Return on Equity (ROE): 5.44% (without variable expenses)Return on Investment (ROI): 14.5% (without variable expenses)However, I've noticed some trends that are starting to concern me:- Home prices in my area are slightly reducing, and rental prices are also on the decline.- There are more houses listed for sale and rent in the neighborhood, which is pushing rent values down.- My current lease is up in September and the tenant is leaving, and I expect my monthly cash flow to reduce to $950, lowering my ROE to 3.57% and ROI to 9.5%, again, without variable expenses.- Homes are staying on the rental market for a few weeks, sometimes months, even at lower prices.

Sometimes its easier to knock down and start over. :)

I started looking into this because my husband and I are selling our primary residence and we have a VA loan on it and I have been thinking of more ways to attract buyers to our property.

You say that you're just starting out so proceed cautiously with what you may be inclined to dismiss.  

Charleston RE market definitely not an easy market to start with compared to other markets I've been analyzing deals on.

Basically, you want to understand everything about RE before you start wholesaling. 

Hey everyone,I am an out of state investor and im starting doing fix and flips in pittsburgh, the main obstacle for me now is estimating rehab costs from the videos, can you please advice from your knowledge how can i learn to do itThanks in advance.

Start by looking at the location, market trends, and property condition.