On the other hand, if you put $300k into a rehab, you’ll want to make sure you’re not over-improving compared to what buyers are paying for finished homes nearby.

I ended up texting my customer, the owner of the school, and my daughter ended up finishing up her Middle School Years at that school.

The others include: - Extraordinary personal services provided, regardless of customer use duration.- Rental incidental to a non-rental activity.- Property available during defined business hours for nonexclusive use by various customers.- Property used in an activity conducted by a partnership, S corporation, or joint venture in which the taxpayer holds an interest.

10,000 Calls Made Where I started 2024 and where I am finishing, two difference places. 

I'm trying to figure out how to spend my time wisely and not be all over the place. question I don't have to finish all my research for one day.

Make sure you know the impact that adding an ADU will have on any rent control.12) investors seldom include the land value in the overall ADU costs.

@Richard Helppie-Schmieder Great thread, thanks for sharing Richard.I’m not a flipper myself, but as a broker and multifamily investor here in Honolulu, I’ve seen a few things that help operators scale beyond the one-off projects:Pre-negotiated contractor pricing for common items = predictable margins and faster timelines.Standardized design packages (2–3 finish sets) = bulk ordering + a recognizable “brand.”Exit flexibility (flip or rental refi) keeps deals profitable when the market shifts.Capital efficiency: some pool private equity into small funds or short-term syndications, similar to what we do in multifamily, so they’re not scrambling deal by deal.Interesting to see how these same principles apply whether it’s flips in Texas or apartments in Hawaii.Quick question: do your project managers just keep eyes on site, or do you give them budget/schedule authority too?

Instead of hiring a pro to review it, he uploaded it into ChatGPT and it left out tons of stuff including cabinetry and exterior paint.

Standout feature include the ability to completely customize a lease with fillable fields and eSign.

My thoughts exactly which is why we hesitate buy properties with finished basements unless it was done professionally or has potential do to so.