One large component of their business model is to acquire distressed mortgage debt then foreclose and resell the property as REO on the open market.Due to moratoriums on both foreclosures and evictions, as I understand it, AHP is essentially experiencing a log jam on the back end of their exit cycle to recover investor capital and profit.

Market appreciation helped but the remodel was a key component.

If you’re targting properties in historic areas like Lincoln Park, be sure to budget for unexpected maintenance expenses, as older buildings often require more upkeep.Incorporating 1031 Exchange StrategiesIf you’re looking to scale your investment or defer capital gains from a previous property sale, consider utilizing a 1031 exchange.

I faced challenges with unexpected repairs during renovations, but having a contingency budget helped mitigate these issues.

I faced challenges with unexpected repairs during renovations, but having a contingency budget helped mitigate these issues.

I'm still getting into this.There is a serious shortage of any material about Capital Raising, even though that is a huge component needed for MF to work.

Of course capex does come into play, but I have a lot of factors on my side including most major components of the property have been replaced already, including roof replaced 2 years ago, water heater replaced 3 years ago, full house was just repiped, septic system is 5 years old, HVAC system replaced in last 7 years, i do not cover appliances with warranty in my rentals, and the tenant I placed in the property is a single dude who works 60 hours a week and just needs a place to sleep.

His comment, “You talked to Julie and me on the same day... that never happens... this better be good,” was unexpected—I initially thought he was joking, but it quickly became clear he wasn’t.

And it includes - NOI, Appreciation, Amortization of the loan, and depreciation writeoff.The total of these will paint the picture of how your properties are actually performing.What is interesting is that each of these components will react differently depending on where and how you place your next investment. 

I can see helping people who have unexpectedly severe losses, like those in western North Carolina, but no amount of hurricane damage anywhere in Florida can be deemed unexpectedly severe.