@Matt J. and I get together regularly to talk about real estate.

A supply and demand imbalance drives rents and prices higher.

All three are present in this case.The most troubling issue with the Reg D filings for Norada Capital Management is that Santarelli regularly boasts of a “default free track record,” dating back to 2012 ( Link at 36:10).This implies Santarelli has been raising funds without a corresponding regularly and timely filed exemption—one filing at $4,000,000 is not enough to cover the over $70 million said to be raised during my taped call.

Provide copies to all parties involved.This project-specific agreement works well for one-time jobs, but if you plan to work with subcontractors regularly, I highly recommend having an attorney draft a Master Services Agreement (MSA) for your business.

Might be an additional cost there.If units are updated, capex items look good, leases and tenants look solid, and there are no other regular expenses besides the 5200 in insurance/property taxes then I like this deal.  

For one is that an appropriate price point for the supply/demand curve intersection?

The process went smoothly, and I’m happy I got a tenant so fast, but the high supply of new builds in the area makes me nervous.

You could absolutely save the money and over time, learn everything I learned by listening to podcasts, reading books and watching youtube videos (except having the regular check ins with a mentor).

They are long gone now.This "wally wrap" seems just like a regular wrap, what am I missing?

That is smaller units built with higher density to make the numbers work for both buyers and builders.Adapting to these challenges isn’t easy, but it’s necessary to keep up with the market.What are your thoughts on how builders and developers can address affordability and supply issues.