I live in the rear unit and after refinancing, plus raising rent this round, I'm actually making $425 a month before expenses.

There are also systems specific to investors and investor management for raising capital but they are not inexpensive.For all of my companies I have always used Microsoft office to mange contacts, calendar email, etc.

It raises fewer red flags when your dealing with a foreclosure and fewer red flags means a smoother closing.

I raised rent $50 per unit.

I can see the county using this information to raise my taxes.

_________________________________________________________________________________________________With Real Estate syndication you can do things like raise rents, decrease expenses, renovate the building, add amenities such as a swimming pool, spa, or gym, hire new property management, add units, add services such as laundry, valet parking, or online rent payments, and much more.

I like the strategies of either seller financing (as much as possible), OR raising minimal debt/equity capital for your business in conjunction with private loans.  

Looking at alternative ways to raise capital, I’ve inquired with a couple different companies about a HELOC on our personal property, but I’m curious what you all may have to offer up on here in regards to good institutions to inquire with that offer that type of loan?

Hi @Danny Lee, you sound like a great son, your parents clearly did a good job of raising you.

The plot is around 26000 sf, beachfront, great tourist locationThe build quality is high, and it survived the tsunami of 2004 intactThe place is fully staffed with a manager who's been there for 19 years, with no intention of leavingThe place is one of the few in the area that holds groups (the whole complex is rented out to groups of 12-23)It is currently earning 100k eur per annum with only 50% occupancy (the owner is older and does minimum to market - old website, airbnb, booking.com, homeaway, tripadvisor)The average occupancy of the area is 74% so there is a lot of room for revenue growthThe rates haven't been raised for 3 years and it is due for a 5% rental increaseThe reviews are stellar on all sites, with many repeat clientsThe venue is ideal for weddings, reunions, parties, bdays, etc, and the staff handle everything, including an on site chefWhen you stay there it's like having your own resort on the beach to yourselfOwner will act as consultant for up to 1 year for freeSo, he wants to sell to my husband and I, as his manager and he really like us and know we would keep the staff and concept the same.