Might be worthwhile connecting with @Lindsey Severt, she runs some crazy deals near VA and WV

Details are in my recent posts in events.It’s a great opportunity to better understand the market and network.

If not, feel free to reach out for more detailed info. 

How did you go about finding a private lender and how do you negotiate a loan to make it worth while for both parties?

"A" property is usually unaffordable or the rents don’t generate enough to make it worthwhile.

Come with a parent to our office sometime, by Arden mall, I'd be happy to go over a map of Sacramento and point out some different worthwhile areas. 

Without knowing too much about the specific market (although it does appear Monterey and Santa Cruz are holding pretty strong) it may be worthwhile to consider selling if values are holding. 

I’d start by backing into the numbers rather than guessing an offer.Current rents: $1,000 + $700 + $700 = $2,400/month or $28,800/year gross.Even with outdated units, most small multifamily investors want at least an 8–10% cap rate in a mid-range area to make the work worthwhile.

Make it worthwhile. 

We keep the finishes clean and modern but cost-effective — LVP flooring, shaker cabinets, and simple trim details that photograph and show really well.We’ve also built a few similar duplexes for turnkey clients, and they’ve had strong success with both rent-up and ongoing performance.For us, this model has proven to be:Scalable (our team can handle more new builds than rehabs)Predictable (fewer surprises than remodels)Attractive to tenants and investors alikeCurious if anyone else here is building new construction rentals — how are your numbers looking in your market?