Your new ARV(after repair value) should be supported by an adequate amount of comparable sales in the area(duplex's).

I'm new to RE investing and searching for some in Nassau County.   

With our vision mentioned above, we're allocating a whopping $3M into the complete renovation, re-brand and makeover of the hotel.THE INVESTOR: For those of you who don't know me, I'm Blake Dailey and this is my 6th Boutique Hotel investment!

Many eviction cases in New heaven?

Purchase price: $640,000 Cash invested: $220,000 Purchase price $640,000Got it at this price because there is a non-paying tenant in unit 2 (rent value $3,500), we're in court Rehab $60,000All in cash (rehab plus down payment) $217,500Rehab included ground level basement and 2 parking spot drivewayMonthly cash flow $1,500 ARV $950,000Equity $470,000Refi cash out (August 2024) $150,000 (used to buy new rental)New monthly cash flow breaking even (non-paying tenant still in unit 2)New equity about $200,000

Lee: Hello,I am new to this forum. 

But you don’t need a new lease to make a security deposit amendment, that’s just a one page amendment.

Our New Equity Based Offering!" 

Quote from @David Spurlock: Hey @Drew Sygit, Can you expand on "Old advice" and "new realities?"

I, and the investors that I work with find the advantages with new construction investment properties are so great it is sometimes hard to compete.