Hi Karla from Montreal, Canada-You ask an interesting question.Should your first real estate investment be new construction, since you and your partner have construction management experience, or flipping an existing home as you originally thought you would?

The mismatch in bed/bath count and the existing septic system capacity are important factors to consider.

I need to get this existing company out of my life. 

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

Permitted or not, you want 100% assurance the property is within building code standards for the year it was built, and for any upgrades/ changes - the years those upgrades were made; ie GFICs in wet areas currently, but not required in original construction back in 1950 when they didn't exist.sorry for not replying earlier, I'm rarely on this platformbest of luck on the project

I purchased 2 condos so that my two married daughters had a place to live.  They are paying me rent directly.  I purchase the properties as a non-occupant coborrower.  My name and my daughter’s name(s) are also in tit...

I am currently seeking a lending partner that offers 100% or near 100% financing options for new construction properties in the Philadelphia region. With over 10 new construction projects to date. I am looking to opti...

NAR Says - Existing home sales fall to lowest level in nearly 30 years and Median housing prices rose to a record high"The National Association of Realtors released data that showed existing home sales declined to the lowest level since 1995 last year, with 4.06 million homes sold on an annual basis.Meanwhile, the median home price median home price rose to a record high of $407,500 in 2024."

Hi,I am thinking to hire one duplex with two property managers for each unit (as existing property manager taking too long to find good tenant).

Originally posted by @David Maldonadoalfaro:Originally posted by @Tanner Marsey:I’m not quite sold on the ADU in existing space of SFHs.