We purchased the home on 1/16/2023 for $525,500, invested $40,000 in renovations, and sold it for $658,000 on 6/7/2023.

Having a patio or a deck in a home will always bring more value.

I'm looking into adding laundry to a PadSplit home with 3 bedrooms.

Hello Jared Schott, regarding your situation, here are some considerations and options for managing the $280,000 gap: Second Mortgage: You can seek a second mortgage or home equity loan to cover the $280,000.

Hello BP 😎 ai am new here but i listen to real estate rookie for awhile. i bought single family house in 2019 and now  i want to buy a four family house i have home equity should i use it at a down payment or not around here in boston the 4 family house is between 900,000-1.2M so i need to do house hack put down payments as low as 3.5% and rent my single family and show the Leander as an income to and i only have 30k saved up and the leander want to see 3 month reserve should i take HELOC and show them that i have reserve or is there any other  options?

Been doing my due diligence to find some homes in the Raleigh area that are pre-foreclosured on as well as foreclosed.

Does anyone have advice or tips for me on what the best way for me to build my REI knowledge would be so that when I do have the adequate funds, I am already equipped with a very good base knowledge.

Is it worth it for the interest rate to go significantly up to get the funds to help fix up current condo to rent it out, house hack another home and purchase a multi-family home?

Another question: are vacant or improved lands subject to property taxes? 

I do not want to go into another vacation market but rather a metro area with a more diversified economy again just to get into a different type of asset.That being said I do want to continue to short term rent the next few properties we get at least in the first few years of ownership in order to increase cash flow to combat these higher prices and carrying costs before potentially converting to more passive long terms down the line.Therefore I am looking for markets that 1) have a decent draw of visitors year round 2) have regulations that allow strs in some parts of the city 3) Are in growing cities in the west or south.Below is a list of markets I have identified as potential places to look and I was hoping to get some insight from either other investors doing the same thing or agents/investors in any of these markets on whether this is potentially a good market to explore or not.1) Salt Lake City (this is right at the top of my list due to its proximity to ski resorts, expanding of the airport and long term strategic business planning of the area but I have very little knowledge of this market)2) Denver 3) Phoenix (used to live in AZ and like the fact that the state of AZ seems to look favorable on strs)4) Tucson (see above but lower home prices/potentially less appreciation)5) San Diego/LA (these are attractive because of their proximity to my home in Irvine)6) San Antonio (love that it is very close to the booming Austin and feel that this is a market that could see some real growth in the future)7) Tampa/St Pete (I have always been very interested in this market for both short term and long term rentals)8) Raleigh (have invested in Charlotte and love NC but again very little knowledge on this area)Any insights or advice on any of this would be greatly appreciated.