NETWORK!!!

This has probably been the one thing that has helped me scale my portfolio so much and so quickly within the past 6 years.So the things that I would bring to the table that a new investor wouldn’t have access to (at least at the beginning until they build their own systems and networks) would be my knowledge and streamlining of getting financing, having deal flow, using vetted and skilled subcontractors, discounted prices on materials, systems in place to find tenant buyers, and streamlined refinancing and management in placeIt is similar to turnkey, only you don’t have to put 25% down and you walk into equity and the exit is already planed and the tenant buyer gets connected with a lender upfront to help them get ready to exercise in the option within 3 years.So that is what makes this different than other models.

NETWORK!!!

It is widely recognized as a loss leader within the industry and those who are successful normally have a complimentary business such as a brokerage or a construction company that performs complimentary services.

The list is a nationwide list the Miami-Fort-Lauderdale area made number 2 on the list Orlando was ranked 6 on the nation wide list, so judging by the post I think it would be safe to assume Florida is one of the best states for fix-n-flips. 

Either way, start networking with local real estate groups and agents, they’ll help you learn the Cleveland market better.

While I don't have experience yet, I'm currently networking to meet new people in the area and saving up for my first deal hopefully sometime next year with the help of a family member who plans to partner up.

If you are set on your strategy of just adding 3 more rentals then you should probably leverage your network of lenders and discuss best options with them to free up some cash for more investments.

Here’s how I built my network, the challenges I faced, and why I believe relationships are a cornerstone of real estate success.Finding My Support SystemWhen I first started in real estate, I was young, fresh out of college, and had just become a mom.

NETWORK!!!