@Steven CatudalWhat was the prior valuation compared to what you paid for it?

I’m trying to get a feel for how much more income it would generate compared to LTR or MTR.4.

I totally get why real estate feels daunting compared to stocks.

I think finding property is pretty easy compared to managing.

In terms of maximizing your returns you want to compare the interest to an alternative.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Pay it back into the HELOC and save up to 14% (compared to hard money loans).Need cash again?

It earns a great rate of return compared to a bank account and is fairly liquid.

I’ve been researching local professionals and would welcome any advice on how to vet and connect with reliable team members, particularly in a high-cost area like the Bay Area.As for hard money, I haven’t explored it in depth yet, but I’m open to the idea for the right deal.

A simple baseline plan might’ve steered him toward properties with more reliable maintenace histories or a stronger neighborhood profile, saving him a lot of sweat.