I seek opinions from my learned colleagues regarding whether or not to put a granny flat onto the back of my investment property.
1. Will the granny flat improve the property value relevant to the total investment when considered separately?
2. If I sell the property in the future how does one assess the value. Would it be based on straight land plus improvements or on cash flow.
I am ready to go with the granny flat but am starting to get cold feet. Please tell me what you think.
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granny flat yes or no?
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