6.75% Cash on Cash Return!
42% Increase In Equity!
30% Above Market Rental Rates!
Here’s How I Did It
Over the last few months I “Substantially Renovated” a 4 unit property in the Inland Empire. Having purchased the property earlier this year I had no idea I would be up against Rising Material Costs and an Extended Eviction Moratorium, but life goes on. On today’s show, I walk you through the final breakdown of how much I spent on the project, what improvements I chose to spend my money on, and the end result with respect to the increase in property value and, more importantly, the HUGE increase in Cash-Flow!
Watch as I give you the financial breakdown of my most recent remodel project!
This is the final installment in a 3 part series as I attempt to assist those owners who avoid property renovations because they assume the process is too much hassle, they do not have the “know-how”, fear that the process is too costly, or incorrectly assume the final payout does not justify the capital investment.
What is my goal? Bottom Line – I want to help landlords obtain maximum cash-flow and exponentially grow their Financial Legacy (especially in a rent-controlled world).