Commonly Asked Questions and Answers Regarding Private Money Lending

Commonly Asked Questions and Answers Regarding Private Money Lending

Welcome to 3514 S M st – Transforming Real Estate for Profitable Returns

Experience the Exciting Transformation of Our Triplex Rental Property

Overview:

At 3514 S M st, we take pride in turning ordinary properties into lucrative investments. Our latest project involved the acquisition and renovation of a charming triplex located in Tacoma, WA. With a strategic vision and meticulous attention to detail, we’ve transformed this property into a highly desirable short-term and mid-term rental destination, offering modern comforts and exceptional value to our guests.

Key Features:

  • Renovated Units: All three units have undergone extensive renovations, featuring contemporary designs and premium finishes to ensure a comfortable and inviting living experience.
  • Increased Rental Income: Through our strategic upgrades and management efforts, we’ve successfully increased rental rates from $1000 to $2500 per unit, significantly boosting cash flow and maximizing returns for our investors.
  • RV Parking with Full Hookups: As part of our value-added enhancements, we’ve added an RV parking spot at the rear of the property, complete with full hookups, catering to travelers seeking flexible accommodation options.
  • Private Money Lender Partnership: Our project was made possible through a strategic partnership with a private money lender who provided the down payment, offering a generous 15% monthly return on their investment, demonstrating our commitment to delivering exceptional returns to our financial partners.

 

Financial Snapshot:

  • Gross Rental Income: $8,600 per month
  • Additional Income from Garage Rentals: $500 per month
  • Total Gross Income: $9,100 per month
  • Operating Expenses: $1,500 per month
  • Cash Flow: $7,100
  • Occupancy Rate: 100%
  • Average Length of Stay: 3 months

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