Purchase price: $142,000,000 Cash invested: $25,000 Syndication deal on a large multifamily apartment complex in the Phoenix area15.5% IRR1.98x multiplier exit in 2-5 year time frame

Sub2 is really for markets like we had back in 2008-2011 timeframe where there were whole neighborhoods of houses and foreclosures for sale, no one had equity and maybe even negative equity. 

Sometimes tenants are willing to negotiate if they understand your reasoning.If you decide to go ahead with the increase, give the tenant written notice within the required time frame, usually 30-60 days.

Quote from @Ryan Davies: Most work this way: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 we charge $2,500 minimum)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 WeeksWe have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VA, WA, WV, WI, WY.

It's an interesting dilemma, on the one hand my investing side, I run everything on a 2-5 year time frame absolutely no problem waiting for investments to work over the long-term with no lost sleep.

Timeframe, legal considerations, and best practices going forward of course vary by jurisdiction.You can't count on believing that the family member doesn't already have utilities under their name or similar arrangement that will keep the power on for them.

Meanwhile, I’m finding Airbnb is getting easier to deal with and my bookings have switched from 70/30 VRBO to 70/30 Airbnb all in the same timeframe.

Would it be risky to front the remaining costs (outside of the contingency funds) to incentivize them to get the work done within the timeframe needed?

The biggest mistake many make is purchasing their first property in low barrier markets with poor fundamentals  solely because the real estate is inexpensive and it’s the only place where they can afford to buy.

I'm really just interested if the IRS has time frames for either of the above scenario's.