However, we're concerned about the possible unforeseen.

•Phase 2 ($1M in 12 months): To fund construction.Right now, our structure is:•8% preferred return•70/30 split (LP/GP) up to 18% IRR•30/70 split (LP/GP) after 18% IRRDuring our webinar, some investors expressed concerns that early investors are taking on more risk and should be compensated more.

Raising rents to $600 per unit would increase the value of the property approx. $200k. 

Unfortunately, this reassessment is unavoidable, so you’ll need to evaluate whether transferring the property is worth the potential tax increase.If a Transfer Is Not Feasible:If the potential property tax increase makes the transfer impractical, an alternative option is for your father-in-law to secure a Home Equity Line of Credit (HELOC) on the property.

Was just going over with my wife both the increase in Occupancy revenue change and the 2023 versus 2024 Marketing spend for this location. 

Hi Renata,To gain a clearer understanding of the overall condition of the home—including plumbing, electrical systems, HVAC, and the roof—and to identify any major issues such as asbestos, water damage, mold, foundation concerns, or wood-destroying insects, I strongly recommend having the prospective properties thoroughly inspected.

Quote from @Jordan Sachs: I'm getting the info from my friend not her husband so it is possible something is missing however, I think she's mostly concerned that there is now a lien on the new owner's property and less about paying the actual bill.

Do you see any new rental property up in the market has increased rent since L.A. fire issue?

* Are there creative solutions landlords use to address tenant concerns about parking in this area?

Great question Tyler and I actually have a flip property under contract that we are selling with a similar concern.