Having an architecture + permit-ready background is a huge asset — a lot of investors underestimate how much time (and money) gets lost in permitting and city approvals.

He asked if I'd do seller financing and that the city says it would take about 5 to 6 months to give him the necessary permits to start building.

If taking management in-house costs me even one deal per year, the extra savings disappear.

I had the extra cash to move out and make into a rental property.

An LLC mainly protects your assets—it doesn’t give you extra tax benefits.

Just remember the illiquidity, your capital may be tied up for years, so be extra choosy and weigh the trust factors carefully.

In our developments we have permitted modulars but not mobiles. 

More upgrades planned as time and $ permit for forced appreciation.

However, the demo permit continues to be delayed so we are now thinking of putting the buildings into service (as storage rental space) this year.My understanding that this would allow us to do cost seg to get depreciation in 2025.

We have two extra BPCON tickets available we are able to transfer to you.