Unless you're sacrificing valuable landscaping/recreation area, there's really no downside to having additional parking if it pencils out, regardless of what you end up doing with the property.

Navigating the legal landscape in real estate can be complex, and finding a trustworthy legal advisor is paramount to the success of any transaction.Thank you in advance for your guidance and support!

I would avoid anything too close to the Presidential Gardens apartment complex though, that thing has been a mess for a long time.

Interest Rates: The challenge posed by rising interest rates also serves as a deterrent against speculative purchasing, promising a more stable investment landscape.

The rent needs to cover the mortgage, vacancy, insurance, property taxes, repairs, maintenance, property management, capital expenditures, and any other expenses that are applicable (utilities, snow removal, landscaping).

Something that is out dated, maybe needs new paint, carpet, landscaping and so on, but nothing major.

However, downsides include regulatory restrictions on bank lending, many institutions that restrict concentration and geographies, and other headaches and issues that arise when dealing with a slower-moving bank.DSCR loans are the option that has completely changed the BRRRR lending landscape in the last few years.

Draw 4: Deck/porch/patio, carport/garage, int electric, int trim, fireplace, carpentry, cabinets, int plumbing, int paintDraw 5: Ext paint, landscaping, countertops, tile, int paint, appliances, flooringDraw 6: punch list, final payment from HMLThis schedule will result in $900 worth of draw fees, but I want the GC to not worry about getting paid, as well as make sure the work is done right and doesn't have to be redone.

I plan to fix foundation, do roof replacements on both structures, do bathroom remodels across 2 bathrooms, new flooring, electrical repairs, add fence & gate, more landscaping. 3. 3plex is held in a LLC of mine. 4.

And that he needs to set up a Property Management Team (electrician, plumber, handyman, carpenter, landscaper, drain service, accountant, attorney, etc.) to run his new Investment Property business  He thought he was so much smarter than me (I have 30+ years as a Landlord) and was so proud that he had already signed up two of his properties with AHS and was in the process of signing up a third property.