Leverage magnifies return. 2) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

My accountant said that the JV agreement needs to be about double the dollar amount of what you would want if you were to just sell the land.Whose accountant determines the amount of profit? 

Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant.

Account ClosedYes.

Cap Rate is essentially the value given to a property reflecting the risk involved in the investment, which is expressed as a percentage usually between 4%-12%.Okay so what does that mean and how does that reflect the property value?

Quick poll: just Yes or NoI have a managed account with chase that has been growing with the stock market.

Good Morning, I have heard of people using their deferred comp. retirement accounts as temporary loans to fund rehabs, buy properties, etc.

Once the LLC is created, you will need to register for a tax ID number and create a bank account.

I paid the collateral mortgage through by using Wise, after paid, they said they require pay 25% instead of 20% because their management team cannot proof. they provided different wise account and I become suspicious but I still paid.They claimed they would disburse my loan, but due to a system issue, they could not.

Technically, money is moving from the 1031 account directly to escrow for a property that will have her on title so it makes sense in my mind, but I'm wondering if there's something I'm not seeing.