If your permitting is straight forward Pasadena is a good place to work.Building for value add rental prospects could be even better.

I would connect with top realtors in your market who understand the value of working with a wholesaler and try to figure out their buyer network.

I want to be seen an somebody trust-worthy, friendly, and eventually become a genuine leader, through hard work and reliability.

This is a buy-and-hold forever property.The market value is $250,000.

@Evan GaterBoth are not seniorThe one that was recorded first (lower book and page number) would be the senior in most instances unless it was recorded inproperly and there was a subordination agreementTypically the higher value loan is first as well when recording at same time.Hope this helps

@Olga DaiselThe short answer is: you depreciate $200,000.The $100,000 plus the demo costs will be capitalized into land value. it cannot be depreciated, but you will eventually recover it when the new property is sold.The long answer would be too long.

They broke even for a few years, but as rents have risen, we've seen better and better cash flow (and the appreciation on the property values have been nice). 

It allows investors to buy shares of high-value assets like real estate or luxury items without full ownership.Advantages of fractional ownership:Diversification: Spread your risk by owning fractions of various assets.Accessibility: High-value assets become accessible to more investors.Passive Income: Earn without actively managing the asset.Professional Management: Management companies handle maintenance and administration.Appreciation Potential: Assets can increase in value over time.

The properties will gain value with the appreciation quickly. 

Palm Beach isn’t merely experiencing growth; its reveling in its future.Cash transactions, representing confidence, in abundance held steady at 47.3% indicating a community that values security and financial stability.And here’s where the enchantment begins; the median sale price surged to $615,000 showcasing a 11.92% climb from February 2023.Palm Beach is more, than a location; it represents the lasting appeal of investing in estate.The numbers truly tell a story!