What was your extensive research?

With the extension for tax filing to July 15th and the disruption that both of our accounting firms in each fund have experienced from the virus, everything has been delayed for tax filings and issuance of K1s to our investors.Most of our third-party team members are working from home including accountants, lawyers and our servicing staff.

The average for the U.S. in the third quarter was a 28.7% return on investment.It’s impossible to know what every flipper in the U.S. spent to remake homes but Attom said the 28.7% return is within a range that could be easily wiped out by renovation expenses, mortgage payments and property taxes.”My large last extensive rehab was a little unit and I spent over $100k and I have done quite a few rehabs (3 last year, so hopefully my cost is competitive with what can be achieved).  

However, our seller wanted to actually identify the property prior to closing - they had extension rights in their contract. 

@Preethi S. understand your concerns about PMCs defending themselves and throwing owners under the bus.But... how is it okay for you to NOT share all the context, yet throw the PMC under the bus, and by extension all PMCs?

They extensively damaged the property from floor to ceiling.  

But he stuck with me I had a 1 mil credit line that they kept in place so I could make money it was on 90 day extensions for 3 years :( but if they had not done that I would have had to give them the keys back on a few commercial buildings I ate 250k negative cash flow on those buildings to make sure the bank got all their money..

Network with local investors, undertake extensive due diligence, and develop a clear exit strategy.

My point is even some experienced operators doing more extensive/sophisticated value adds are struggling in this market. 

It’s important to note that all markets have mixed neighborhoods, so careful consideration of the location is essential.The advantages of working with SDIRA Wealth is in their extensive market research.