You could try to get an entry level position as a project manager for a construction company?

I had to lower the price of one side slightly do to lack of interest so that was a bummer.

Yes, but as he has to put his cash flow somewhere, he’s going to have his overall (all investments of all his money) return reduced anyway: he will have a high(er) return on the real estate he has and a low(er) return on his cash flow investments, whatever they are.

This trapping of value would not allow someone starting to scale (I have no issues being able to scale), but it does help my cash flow (which is not good even with the help of the lower rates, it would be huge negative cash flow if I refinance extracting the value with the higher rates).In summary, the rates make brrrr challenging as the extraction of value at today’s rates results in large negative cash flow in San Diego.  

I did have a big problem last week where it set my summer prices on Airbnb at $100+ per day lower than on Vrbo and Houfy, and that caused me to lose $600 on a 5 day booking. 

HI Tiara,You would want to make sure your first few deals has an acceptable of return in order to lower your DTI and expand your investment portfolio in Real Estate.

Yes, equity is calculated based on their proportionate investment of the LP equity.IRR and other metric calculations are generally calculated based on the LP level.

High level info below.....- Purchased 1st investment property (3/1 SFH) with section 8 tenant that had been there for 1 year paying $555/mth rent in Dec 2021.

We have a property in Chicago, Portage Park area that we are interested in rezoning and developing into a multi-use property with 3 commercial stores on ground level and 9 residential above.  

I have either kept their rents lower than the area average market rents or made a small downward adjustment in rent in conjunction with not raising the rent for the current year to help offset the initial cost for the new addition of them paying for their heat.