Things will improve as the light rail expands but that is still a ways off. 

I think we probably over improve in our market in CA, but we have been successful at the BRRRR and it is easy to force the equity, which we have to or all of our cash for the down would be stuck.

But as I've mentioned, I've never seen anything perform as it has from its beginnings in 2009. 

As we've scaled operations, we've significantly improved our origination process, from application through closing and repayment.

Take land purchase, legal costs, expected rent, tenant improvements, any leasing commissions paid to broker, etc. and find out cap rate you want.

Do not improve someone elses property the way you are describing!

I was thinking of getting a cost segregation done to place a value on the infrastructure and improvements, and then add that to the tax appraised land value to determine my basis.

Purchase: $300kFMV: $550k Tax Appraisal Land Value: $253kThe issue becomes that usually the improvements (road, signs, fence, dumpsters, electrical, water/sewer, lots, etc) usually run 60-75% of value of the investment and thus is depreciated but with the land value on this about equating to purchase price, I’m missing out on this write off.

It also has room for improvement in forced appreciation as well as income.View report *This link comes directly from our calculators, based on information input by the member who posted.

I have some wholesalers that don't even charge me any deposit because I always perform when I say I want it.