Suganya Vinayakam
How much new ADU build increase value of the home in california
25 December 2024 | 60 replies
In West Los Angeles, where I am building my ADU, the rent for a 2 bed and 2 bath goes from $ 3500 to $ 4000 per month.In some new complex 2 bed and 2 bath goes for $ 5000.Since the cost to build is reasonable around max 250 K I think is a good deal.Where do you buy a 2 bed / 2 bath in LA for $ 250K?
Phil Petite
Forming an LLC - Memphis Investor Living Out-of-State
10 December 2024 | 5 replies
This approach is cost-efficient and eliminates the complexities of dual-state filings.
Skyler Bissell
For people doing DADU strategy - how are you handling partial releases?
7 December 2024 | 1 reply
In working on construction loan financing, the lender informed me I'll need to unencumber that portion of the property (makes sense) before closing on the construction loan.I understand there to be two methods generally speaking: refinancing my mortgage and removing that portion of the property in the process OR attaining a partial release from the lender to remove that land.I *strongly* want to avoid refinancing as I have an amazing rate, but partial releases seem complex and also require a survey.
Harrison Jones
Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
For example, I’m currently assisting a municipality in purchasing a 200-unit complex that cash flows, ensuring long-term stability for their housing needs.Our Program’s Unique ApproachOur organization is specifically geared toward the Native American population—a demographic that often faces significant systemic challenges.
Ben Whittington
Private Lenders - How Much Do You Pay for Loan Documents
5 December 2024 | 12 replies
Typically, private lenders pay anywhere from $500 to $2,000 for loan documents, depending on the complexity of the deal and the attorney’s rates.
David Pike
Ashcroft Capital AVAF2 Fund 2 Status - Potential Capital Call?
20 December 2024 | 22 replies
I don't really believe in waterfalls and all these complex metrics to do a deal.
Chirag Mehta
Newbie- Land purchase and development of Retail Shells
6 December 2024 | 12 replies
I am currently in the corporate world-tech sales and wanting to accelerate this business but taking a different and more complex route.
Michelle Wang
Frustrated Massachusetts Landlord Seeking Advice on Dealing with Problematic Tenants
25 December 2024 | 12 replies
Many landlords, myself included, have faced the challenges of dealing with problematic tenants and the complexities of Massachusetts laws.In fact, we specialize in buying properties in Massachusetts and New Hampshire that come with ongoing evictions and difficult tenant situations.
Kyle Fitch
Why Real Estate Over Stock Market?
6 January 2025 | 57 replies
You can also own REITs, which are shares of real estate (ex: apartment complexes, self storage, etc).
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
I'm an investor as well as CEO of a property management company that works with many out-of-state investors, especially from California, for exactly the reasons you mentioned – high prices and complex tenant laws.