Lacking the capital and building experience to develop it ourselves, we want to offer the backyard as a "Developer Special" on the MLS.We’d rather not risk demolishing our home at the front of the lot.

A common way to build a portfolio quickly is to use creative, out of the ordinary, purchasing techniques.

I have found all my current flips on the MLS and want to start building a system for deal flow in order to grow.

the other option i have is build a 3 car garage and out a one bedroom apartment on top that ill rent for about $1500 a month.The garage price would be about 100k to fo but could make 18k a year.The land is $130kWhat do you all think is the better strategy?

Im located in the DC, Maryland, Virginia (DMV) area and I just pocketed a good chunk of money from my first build and sale and already have my next target picked.

Background info: A tornado came through about a year ago and tore up the carports for a rental property of mine in Iowa (I own one unit in the 12-plex).While the carports have been rebuilt, the HOA's building insurance is coming up for annual renewal with a VERY steep price tag.

Since you have good income, you should try to maximize equity build rather than cash flow (which you will pay taxes on if you take out of the property to pay yourselves).

I thought Harrisburg was perfect until i drove around and realized just how much the neighborhood changes from street to street.

(ABOUT 0.9% of the building’s value per year owned.).

I will appreciate your responses, currently I am developing guides from BP resources to prepare myself to interview and build a team.