Flipping involves purchasing properties below market value, renovating them, and selling them for a profit.

To illustrate the seriousness of the situation, consider this example: an apartment on Calle Princesa in Madrid, a premium area, valued at 450,000 euros and 70 square meters, will be legally required to rent for a maximum of 950 euros per month.

When I looked back on the overall savings and value, it didn't make any sense.

The best GC's I've worked with are 10000% focused on delivery and that is the value I would expect them to bring to the engagement. 

Advani emphasizes the importance of market research, including analyzing historical data and predicting future trends, as a foundation for any investment decision.The Role of Property ManagementEffective property management is key to maintaining and increasing the value of real estate investments.

How did you add value to the deal?

I won't go with the riskiest opportunistic strategies, and will stick to core and core plus mostly with some value-added.

The property is in California, so the children will get the benefits of a locked-in property tax assessment value that is at least half of similar properties ($27k), and when the children do sell, they will get a step-up in cost basis for ~$1.6M on the eventual sale.  

Local Bank How did you add value to the deal?

We are considering either refinancing or selling and want to get a sense of the value before we take next steps.