Office space in NYC is a very particular sample.I would also argue that unsophisticated investors would typically not have the means to engage in repositioning an apartment complex.

@Bruce Lynngood post and great perspective. i think people underestimate the level of distress they need to engage with to truly BRRRR.to your point - if you can a 250K house, put 50K in, and end up with a 350K house - that's GREAT. 

Your feedback is welcome; it's essential to making this project successful.Thank you for engaging in this discussion.

If they tell you it's not strong enough thatt they're not willing to risk alongside you then it's probably not worth pursuing.

Or you can engage in agriculture which will result in reduced taxes.

Definitely one of the more engaging Rich Dad books.

If they are breaking the lease in some way then follow the steps to correct that behavior.You may be able to evict if your lease stipulates that they may not engage in criminal activity BUT you probably must have a conviction in court to refer to.

It turned out that the “plumber” they engaged isn’t even licensed.

You are not the first to see a "guru" pose alongside an impressive portfolio when really they are loosely involved-- I've even experienced some claiming properties when they are solely the property managers! 

This rental property will be designed with a keen focus on generating a healthy cash flow.Project Blueprint:Budget: Allocated at $200,000, covering construction and all related expenses.Focus: To merge energy efficiency, durability, and tenant comfort with cost-effective construction strategies, making the rentals both affordable and sustainable.Location: Currently scouting – I'm open to suggestions and insights on ideal locations supporting this vision.Strategic Planning:Efficient Design & Planning: I'm considering compact, multi-functional layouts to optimize space usage and incorporate cost-saving construction methods without compromising quality.Sustainability & Efficiency: The plan includes investing in top-notch insulation, air sealing, energy-efficient systems, and sustainable materials to reduce the building's carbon footprint and operational costs.Budget Management & Cost-Saving Initiatives: Careful budgeting and exploring value engineering options are crucial, alongside seeking out grants or incentives for energy-efficient building projects.Community & Sustainability Goals: To create shared amenities to foster a community feel and implement systems encouraging tenants to monitor and reduce their energy consumption.Seeking Community Insights on:Cost-Effective Building Strategies: How can I ensure the project remains within budget while achieving high sustainability and efficiency standards?