And then also do you typically repay each partner their upfront costs from the profits before then distributing profits?

If you are raising money in a syndication raising less than $1M can be challenging due to the setup and ongoing costs to manage and run it.

I've seen the actual cost to be around 15%-20%.

It costs roughly $100/mo but is well worth the expense.  

Yep, off water, but with nearby water access and view seems to be the same ROI considering the cost of the property. 

@Matt Smith generally speaking it’s a combination of rising interest rates which have caused cap rates to increase (thus wiping out equity), debt is resetting at higher rates, rising opex costs due to inflation and stagnant or softening of rents due to an increase of supply.

Building a 4,000-square-foot, three-story duplex with a 1,000-square-foot ADU could cost about $1.83 million, including construction and permits (excluding land).

I’ve been working with real estate financials for a while, and I keep seeing one mistake that costs investors thousands: poor bookkeeping leading to missed tax deductions.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?

We agreed, and then they informed us after the fact that the cost end up being $2,000.00 because it was "so dirty." 

If you enjoy hands-on management and rapid income growth, this could be your strategy​​.Considerations: Expect higher maintenance costs, variable income, and stricter local regulations in some areas.3.