If you’re a lender, investor, or operator who believes capital should create both returns and transformation, let’s talk. 

Developing a renovation budget is an essential step in adding value to multifamily properties.

As you step into the world of real estate investing and begin shaping your investment strategy, it’s essential to focus early on two often-overlooked foundations: tax planning and asset protection.

Thoughts on renting both units to essentially the entire family (young couple + mom, dad, brother)?

.$17 per square foot is right on.If helpful, here is a sample breakdown rule of thumb:Each Bedroom:$3,260 - $4,350Living Room Space:$5,220 - $6,960Dining Space: $3,920 - $5,220Outdoor Spaces and Essential: ExtraRemember: But It Right; OR Buy It Twice

Raleigh median: $446,500 (up slightly YoY) Wake County: $465,000 (flat to slightly down YoY) Inventory: Up >30% across Wake County; roughly 3.6 months of supply Days on Market: 36 — almost double last fall How It Impacts You Buy & Hold Investors: Finally have time to negotiate, inspect, and analyze deals.

When underwriting a property, assumptions related to its debt can have a significant impact on returns and valuations.

But if instead your concern is a credit hit from the accumulation of mortgages as you make each purchase - that impact should be largely offset by the additional rental income that each should bring.

Quote from @Frankie Vozzi: Love that perspective, Mia  real estate can absolutely create both profit and impact when done with intention.

If I do the HELOC I could essentially pay cash for either the new primary or most of it or pay cash for another secondary and basically swap out secondary's in essence and wait to find the perfect primary.