Having access to the MLS isn’t life-changing, and the additional liability that comes with being a licensed agent in Texas is something to seriously consider.That said, I’ve been able to use the commission from acting as the agent to cover my share of the initial capital when buying with my partner, saving me 4-5 months' worth of savings.For me, the biggest benefit has been discovering how much I enjoy working with investor clients.

Late tax statements – Every year I was forced to file a tax extension due to late K1 delivery, causing additional stress and uncertainty around my tax planning and potential penalties.

Los Angeles ADU values are significantly higher than San Diego per the NAR data.Here is a list of why adding a single ADU in single family zoned areas in my CA market (San Diego) is typically a poor RE investment:1) The value added by the ADU addition is often significantly less than the cost of adding the ADU.

Additional Considerations: Social Security Number/ITIN:Since most international tenants and students don't have a U.S.

I don't know what the difference between a lawyer and a real estate attorney is, if there is one.But I need help in making sure that I can get a contract ready to put a foreclosure property under contract in Colorado I'm aware of the protection laws with foreclosures in Colorado but I am not sure entirely how to implement them into a contract I am wanting to use the standard Colorado contract that is given to us publicly but I want to use it for wholesaling and that is where I'm having trouble I need someone to help me read through it and understand everything I need to understand and I also need someone to tell me what I have to put legally in the additional Provisions to be able to assign the contract I know what I'm asking for is technically paid service legally if you are a lawyer or a real estate attorney please send me a DM and I want to give you my story and I want to prove that I would pay you if I could and when I can I absolutely will but for now finances are my biggest struggle and my biggest hurdle in my journey if I can find a way to move past this I can make sure my dreams of helping the community and making the world a better place can become a reality if you want to know more please get in touch with me and I'll be glad to hop on the phone with you thank you for reading my message-ResfemptRealEstate/Alec You are not buying this at foreclosure sale are you?

Purchase price: $700,000 Sale price: $1,100,000 Purchase and rehab of main house and 2 additional units.

With that said, it would be more affordable for them if you just bill them which will cut out the additional fees, but with that said, then have to ensure that evenly split which is hard to do.We just went through this process for separating water utility at a duplex & was definitely a hassle (which I think was mostly from the plumbers that went with because they aren't as on top of permitting & got super busy.

Quote from @Ryan Mancuso: In addition to what @Clayton Silva said, even with the one-time close option, they will still want a 30% or more down payment on the land.

There is also a space large enough for an additional ADU if and when we decide to do that.

Additionally, are there enough of these types of guests visiting your area to make your rental profitable year-round?