@Lisa Caracciolo be careful and triple check the valuation.

@Jasmine Russell That’s a tricky one lol the real answer is it depends(annoying I know)… When I first got started I had 0 experience but had done a ton of research, I still lost 100k on my first deal (lol) but I used that painful lesson on my pitches to tell future partners what I learned and didn’t give upit was also a raw land permitting play and I payed back the investor every penny I owed which helped my brand- Now, for those that know me I don’t need to go over my portfolio, what I’ve done etc because my reputation precedes me however, when I’m in a scramble and need funding for a deal and advertising it to the world and talking to strangers I’m absolutely going over my track record so they feel comfortable that I know what I’m doing and if I don’t specialize in a particular niche I get someone on my team and involved in the deal who’s and expert there and have them on the calls or at the very least their website or somethingI definitely am a fan of fake it till you make it but if you’re the one putting capital into a deal maker, check, double check and triple check everything they tell you and do your own DD

So, basically a triple net lease. 

LOL that all said tomorrow homes could triple and I would find myself calling a bank to try and find a way to get my next purchase. 

The increases in taxes did not negatively impact the financial performance of the property.One warning about triple net leases.  

@Jim K. thats fascinating, and actually not too dissimilar to Boston--more money here in general but more in-laws, old triple-deckers, illegal conversions and grandfathered weirdness than you can shake a stick at.

With regard to further addendums, I would consider a triple net (NNN) arrangement, since it can be an increase in wear and tear on the property.

Unfortunately Ca investors first inkling is to check OOS markets which have appreciated double to triple over the last 4 years. 

We were able to triple the purchase price after refinance.The second unit had 2 tenants on both units.

We were able to triple the purchase price after refinance.The second unit had 2 tenants on both units.