These properties just haven't been cutting it and exploring new ventures.

However, costs can vary significantly depending on the specific location and type of construction, so be prepared to be flexible with your plans.Let me know if you have any further questions. 

The more you prepare for the inevitable problems, the easier it will go.3.

Build self-employment by leveraging real estate activities, staying financially prepared, and transitioning to business after generating cash flow.Good luck!

However, there are strategies and approaches you can explore to make this process smoother.If your PML is hesitant to fund directly for auction purchases due to the risks, consider structuring a partnership where the PML becomes a joint venture partner.

This was a costly venture that, combined with several months of lackluster performance, did not allow for distributions to our shareholders.

It sounds cheesy, but the best way to prepare is to work with a friend or two and role-play.

Our streamlined process allowed us to quickly close the deal and immediately prepare it for resale, emphasizing the efficiency of our funding model.

It's called "Investing in Real Estate Private Equity: An Insider’s Guide to Real Estate Partnerships, Funds, Joint Ventures & Crowdfunding".

Figure out where your strengths lie and focus on that.After doing this for two decades, the biggest takeaway is to stay consistent, build relationships, and always be prepared to pivot.