These are also the banks that are more commonly relationship lenders and will allow your originations to out pace your balance sheet if you are consistently able to execute on the projects they fund for you.

No need to spend an extra $1000 for something a tenant won't notice. 

Generally I start the nagging emails and texts after about the 15th of the month and depending on the response I deliver notice by the 18th.

Three, the tenants will be easier to manage because there won’t be any bickering or disputes between them and other tenants in the building which is common with multifamily properties. 

It’s a level of customization that’s hard to find with the rigid terms of traditional banks.I’ve also noticed that private lenders are open to funding niche opportunities that banks might consider too risky.

@John BerjIf cash flow is a top priority, factor in HOA fees (common with new builds) and confirm rent comps to ensure the numbers work.

At the end i will add a list of items why adding a single ADU in single family zoned areas may not be the best RE option.The most common value add is via a rehab.  

The new reporting deadlines are detailed below, according to the official notice on FinCEN's website:• Existing companies (formed before January 1, 2024) have until January 13, 2025, to fulfill their BOI reporting obligations.• Reporting companies created/registered on or after September 4, 2024—that previously had a filing deadline between December 3, 2024 and December 23, 2024—have until January 13, 2025, to file their initial BOI reports.• Reporting companies created/registered on or after December 3, 2024 and on or before December 23, 2024, have an additional 21 days from their original filing deadline to file their initial BOI reports FinCEN.• Reporting companies that qualify for disaster relief may have extended deadlines that fall beyond January 13, 2025.

I noticed on the city website that it can only be done in certain areas, which I'm more than fine with.

I'll probably get notice of settlement while I'm in court for an eviction on a North Shore property, lol.