Despite the appeal of leveraging debt for wealth expansion, the security and certainty of a fully paid home offer compelling advantages for many.Pro tip:I look at the metric ROE, Return on Equity over ROI, Return on Investment.ROI = (Net Operating Income/ Total Investment Cost​) × 100ROE = (Net Operating Income/ Equity​) × 100For me, what is best for you is dependent on what stage of your investment lifecycle you're in coupled with your risk tolerance and personal financial goals.With Discipline,Josh

On the flip side of that, someone else is lowering your cost of housing, it's a mutually beneficial situation.  

Should I talk to a contractor first to see what it would cost, or an appraiser to see what they would think it would add in value to the home? 

Several of our resident CPAs enabled me to learn enough to do a successful cost segregation study on one of our properties.

For the 2024-2025 period, the taxes are estimated by the NY taxation office to increase to $117 per month starting in July.

Closing costs would be around $16,000.

Once you do enough deals in a particular market you will likely be able to figure your costs pretty quickly.

Curious if anyone could provide rough cost to use when estimating for A/C replacement in Phoenix and Tucson Metros, ideally 3-ton, 4-ton, 5-ton replacement costs to account for varying home sizes.

I have a lot of interest in the boutique hotel space and have found an on-market property near me with huge potential and lower entry cost than any other deal in the area.

The building is located downtown of a touristy/beach town.Here's some details about the numbers/location/property:- $50-70k per unit estimated revenue for STR (majority is from 4 month peak season in summer/early fall).