The snowball effect could not be more evident to me as I reflect on this deal just 18 months ago.

The snowball effect could not be more evident to me as I reflect on this deal just 18 months ago.

Just to quickly name a few... rent-by-the-room, single-family property, with ADU or mother-in-law suite that you rent as a "duplex", short term rentals, and medium-term furnished rentals.

And then 3rd floor was a major project since the floor was unlivable so I wasn't sure I'd have enough money and didn't want to bite off more than I could chew to start.I say all that to say, while it's most time and cost effective to renovate by the trade and get it all done at once, sometimes that's not the best for your situation.

Real Estate is generally viewed as a good asset when it comes to inflation, but often real estate is not included in the basket of goods that measures inflation, you may ask why, because we do not buy a house every ...

No issue paying cash, just curious on cost effectiveness… as storage and commercial are not my expertise.  

Having a dozen units under one roof is way more profitable and cost effective.

After you transfer the property to the LLC, give the tenant a short letter that explains the transfer of ownership and that all other terms of the lease remain in effect.

I am looking to make an offer on a 3/1 house with a 1/1 guest suite directly below the house and is a block away from the beach with a beach view.

Scott's book will provide a helpful start in teaching you the categories of fixes you may encounter and their relative (but not absolute) prices in your particular market - and having the contacts necessary to put your plan into effect in a timely way.