All keys shall be turned over to Landlord, your lease states 3 keys were given.

That is a great breakdown of the key differences Jorge!

Having a plan to reduce the price or offer incentives can help get tenants in there faster, which is key to keeping your cash flow steady.Overall, you’re in a good spot with that ADU, and with a bit of flexibility in your strategy, you’ll have options that can really work for you in both the short and long term.

Something like leaving it unlocked or giving out keys to random people. 2.

Government is nailing real estate investorsto the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information.”The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Beneficial Owners.’

@Sharad Bagri When structuring a partnership for your real estate investment, here are some key considerations:1.

Just my advice - research is key, so take your time to learn and define your strategy.

Quick closings appeal to banks, so cash offers, or fast financing are key.

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.

The key to a BRRRR is buying deeply discounted properties and/or adding significant value through renovation.