The important thing is to find the balance that works for you.Finishing up “Later”Don’t be fooled: if you start a project or task, you need to see it through.

Do 3, 5 & 10 year projections.

The vision of a freshly updated home is so seductive, it's easy to forget that the project will most likely come with aggravating delays and unexpected issues.

@Michaela G. the EPA officer was checking on the brick paver project in Summerhill where my house was.  

I am trying to evaluate a potential project and I have positive cash flow, however when I look at 50% rule it's negative.

For those of you who're interested, I completed my ADU project and you can see the 3D visualization of my place here: https://my.matterport.com/models/hRAxQheq93H?

I'm willing to take on the right project, just need to learn the front end a little more.Thanks in advance.Andrew

This is why IRR is typically used to show the return of the project while accounting for the time it takes to actually receive that return.I would ask for the Syndicator to show you the projected annual returns year over year for a hypothetical investment of $100,000, they should be able to provide that information for you as it will already be in their underwriting. 

I want to discuss a project I’ve got coming up with anyone in the Ft.

You have a track record of closing on deals, so when having conversations with brokers, definitely bring that up.Here are a few other tips for winning over a commercial broker:Pay them a consulting feeTake them out for coffeeVisit their recent sales and tell them what you do and don't like about the properties as it relates to your ideal investmentProvide them with information on how you will fund a dealConstant follow-up: whenever you perform a task that brings you closer to completing a dealOnce you know how much cash you will have ($225k or $675k), you can figure out the max purchase price you can handle by assuming you will need 30% to 35% of the total project costs in equity.