Accessory Dwelling Units (ADUs) are an increasingly popular way to generate additional rental income on an existing property.

There are two ways to do this decrease spending and increase income.

Or can you acquire another business in an adjacent field that increases profitability?

With fluctuating interest rates, tighter lending criteria, and increased competition for properties, securing the right financing has become a key factor in closing deals and maximizing ROI.Are you exploring creative options like BRRRR, partnerships, or seller financing?

I already have land holdings near Everett that will certify out at 304 salable density bonus credits.To play this game, I get certified and then "clip off" the transferable development rights for sale to urban developers in the county, who can cash them in for an increase in dwelling unit density from an original 22 units/acre to 58 units, and building heights from 45' to 75'.

One of the things to watch out with mobile home parks is the increase in lot rent.

I have referred a loan out of state based on NOI, cap rate at purchase, room for increase income and purchase price vs market value.Maybe I didn’t articulate the intent of the post as clearly as I hopedFor anyone who has bought multi family out of state, “what are gives you the warm and fuzzies about a deal”:Obviously not cap rate, but maybe vacancy rate,  Cash on Cash ,GRM, IRR, Unlevered free cash flow, Cities over 250k?

Something that is increasingly important to those clients is being cash flow positive from day 1 and this is what we deliver.

Prices have increased (higher terms/rates) as the fed rate has gone up so you have seen people who could get 8 or 9% now in double digits.

Planning on increasing my daily budget to probably $25/day and maybe adding in another state for $10-$20/day too.