If you ever need insights on financing options for rental properties, including DSCR loans to scale your portfolio, I’d be happy to help.

Key lessons include choosing markets based on long-term fundamentals (not just affordability), building a strong local team before buying, and starting with manageable properties instead of heavy rehabs.

I suspect you know this, but due diligence for property purchase includes being familiar with the ordinances that apply.  

For this specific project, it was around 20% of the total project cost including land cost.

When going this route, there are so many angles that are in your favor that include, but are not limited to at market rents, financing, cost segregation, and your exit strategy options.Our company is in the process of closing on two 40-100 unit deals this year, so we’re scaling up fast.

I didn't have enough space in the Title:Novations where the investor uses a Limited Listing that puts them as the primary contact for scheduling showings, receiving/accepting offers and negotiating are brokering without a license.Novations where the investor actually hires a real estate broker to handle the aforementioned for the seller are not included. 

Make sure you know the impact that adding an ADU will have on any rent control. 12) investors seldom include the land value in the overall ADU costs.

They say they charge 10%, but that doesn't include finding new tenants, renewals, upcharge for maintenance, etc.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

New kitchen, bathroom, counter tops and appliances throughout the home, including new HVAC.