You put a 3.5% down payment on a house that goes up 7% in 12 months you just made a 200% return that didn't take any large amount of skill or time.

Overall it is still a very good city to invest with solid returns.

If he doesn't need the cash now, you could also negotiate a split you're comfortable with to get him the return you and he feel he should have at the point you refi when the balloon payment comes due. 

They should be able to determine the COC, annualized return, estimated ARV of a BRRRR, accurate rent comps and more.

Usually you have to pay for the privilege of getting a return phone call from an attorney.(9) We have over 30,000 of uncollected judgements on six cases and like the LA fires, try to forget about getting back what you had, move on and take precautions never to get into that situation again.

.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else. 

Even in HCOL areas, adding an ADU typically does not make sense because developing a single small unit is the most expensive residential development that exists.Adding an ADU is a lot of work (probably more than a brrrr but with worse return), has poor financing options, typically adds less value than the cost of the addition, and detracts something from the primary structure even if it is just yard and privacy.Good luck 

In some cases, after running the numbers, I’ve even faced potential negative returns, causing me to miss out on promising deals here in South Florida.That brings me to my question: I currently own two homes—one is my primary residence, and the other is a rental property.

$7,500 invested in the market at 8% return over 3 years is close to $9,500 in total. 

From an operational standpoint you might also want to consider the cost of any extra tax returns that are needed by the entity as well as any extra accounting fees.Good Luck!