Has anyone who invested in non performing notes at Prereo actually been paid after selling the property?

I mean there is so much to scrutinize here we could spend an entire afternoon reviewing the actual deal let alone the financing.I wish you luck either way man.  

Hey Jamie, I am actually a property manager located in Jacksonville, FL and work with several investors in the area.

At minimum, stage the living room and primary bedroom to give it some warmth.That said, have you thought about cutting bait and putting your money into a market where the numbers actually work?

I actually just did a live stream yesterday on my channel (youtube.com/@brady_morgan) that went over this exactly.

The modeling of this is actually pretty easy (see link: 42-unit proforma sample), but my model treats the pre-refi loan as I/O, but that can be updated based on your deal.

I doubt it was actually live.

So, just so I’m understanding correctly, unless the ADU has a driveway for parking of its own, then rent rates might go down on the actual house bc, essentially, the property land is being shared by different parties?

I think the actual thought is to do a wrap INSTEAD of a sub to.  

The renovations his crew did were actually pretty good though.