Turnover costs can be frustrating, but they’re worth it for the peace of mind that comes with having quality tenants—tenants who pay on time and don’t bring the daily stress of dealing with bad renters.If you keep these tenants, they’ll likely cause more damage, knowing they can get away with it.

-Provides peace of mind knowing you own the property outright, which can reduce stress, especially if income fluctuates during slower seasons.

Good Afternoon Everyone,My name is Christian Bukle, and I’m excited to introduce myself to you all. My journey has been anything but conventional, but it has shaped me into who I am today. After high school, I pursue...

When analyzing properties, it's helpful to run a rental stress test to see if the deal can withstand unexpected challenges.

kudos for your specific and thoughtful post. 

Your clients should focus on properties with significant equity potential and work with experienced contractors to stay within budget and timeline—especially with borrowed funds on the line.Avoiding Bad Deals - Encourage them to work with experienced agents, contractors, or mentors and always run multiple scenarios, including worst-case outcomes, to stress-test their numbers.Reserves - Advise your clients to keep a reserve fund separate from their loan for emergencies, unexpected expenses, or delays.

Consider forming an LLC for liability protection or an S-Corp for tax efficiency if flipping frequently.This post does not create a CPA-Client relationship.

Stay on top of things, stay organized, and track every important date, from due diligence to contract extensions.Early on, I got myself into some pretty stressful situations.

This skill will come in handy when your clients are freaking out and stressed.

As Sean above alluded to- never pay a seller for your future hard work, risk and stress.