Purchase price: $85,000 Cash invested: $60,000 My initial strategy for this deal was to flip it and sell it, but the market was unfavorable so I opted for the BRRRR strtategy instead.

I think another trick is, can you get a mortgage or is it an all cash deal?

Majority of the time rental properties are not something that will have an immediate return, putting lots of cash in your pocket.

If they’ve been around forever but only manage 50 doors, that’s a sign they aren’t growing for a reason.Good PMs are worth their weight in gold, but a bad one will wreck your investment.

Purchase price: $107,000 Cash invested: $80,000 Sale price: $280,000 Sourced an off market fix & flip deal in the western suburbs of Atlanta near an area where I knew an Amazon facility was being constructed and buyer demand would pick up.

@Chris Mahoo many new investors don't take the time to properly understand RE investing.1) Many are using approaches from 2010-2018 when Class A property prices were so low from the Great RE Crash that an investor could cashflow and get pretty easy Class A tenants to manage.2) If you look at what investors were doing before 2008-2010, most were buying Class B & C rentals.To make it worth while, an investor either needs to Fix & Flip or invest & hold rentals for 10+ years.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.

And again, with a separate parcel it should be easier to finance the construction and do a cash out refi. 

As a license agen, you will have a fiduciary responsibility to tell sellers what their property is actually worth. 

You have to be willing to not give up when things get difficult, or don't go as planned.  2.This journey is worth it.

Purchase price: $265,000 Cash invested: $40,000 3/2 1728sqftLake access What made you interested in investing in this type of deal?