We're developing units in the backyard of a property, with the numbers looking promising:Purchase Price: $1MConstruction Costs: $1MCost of Capital: $200KAfter Repair Value (ARV): ~$3MProjected Profit: $500K - $1MTimeline: 9 monthsTo finance this, we're raising $500K in equity and securing $1.5M in debt.

Hello,I am working with a client who has farmland held in an S-Corp (current tax basis is approx. 5% of market value), It seems there is not a way to sell this property without having to pay capital gains, since it is unfortunately held in an S-Corp.There is an option to sell a perpetual conservation easement to the land while still maintaining ownership of the land.

Same for backyard - even if it's small, cutting it in half with a fence makes it easier for both to enjoy a holiday barbecue in their own space.These are low-cost options that will help create a better relationship with tenants.

As a licensed realtor in California, I'm eager to leverage my expertise but also recognize the value of community insights and collaboration.This is my first post here, so I'm not entirely sure of the usual depth of information shared, but I'm open to discussing all options and grateful for any guidance or suggestions from this esteemed community.Looking forward to your input and advice.Best regards,Benjamin Carter

The house will cash flow but the property comes with a great newly built barn with a slab and all.Now when my brother and I both left for college my parents had no use for a golf simulator that we had in our garage so they offered for me to use it at a property.This would for sure add a lot of value to bookings but I cant decide if the $50 - $100 a night or so increase (just a estimate) is a better option than spending the 40-60k to turn the barn into an ADU / separate dwelling to add cash flow and equity to the property. 

The great thing is having these options and being able to test them or pivot if needed. 

Yes it’s harder to find better options but they do exist.

So make sure not to rely too much on securing the CalHFA loan.

Well if you live in a massive apartment building the debt that underwrites that building is likely a commercial loan wrapped into a security instrument.

Have you talked to a realtor or a Banker yet to map out some options and get a pre-approval to start looking at numbers and cash available?