The contractor also committed to informing me and getting my approval for any cost changes during the project.

Show up to court on time, have all of your paperwork ready, be polite and professional, stick to the facts. 

Gatlinburg/Sevierville/Pigeon Forge was highly bid up due to realtors pitching inflated revenue projections. 

I am on the same journey and as I have been battling over whether partnership or hard money makes sense for my own projects.

Check the property: Make sure it’s in decent shape – no need to take on a major project right away.

Hey @Keenan Patton,This deal looks solid with a projected $60K profit, $435K ARV, and a $13K assignment fee in Northern California.

- Most real estate investing projects have negative cashflow for the first few months - if not the first few years.Keep listening to the podcasts, but pay attention to WHEN THEY WERE RECORDED!

There are risks as you are tying up your primary residence in the project.

Expect delays and unexpected expenses: No matter how straightforward the project seems, having a contingency fund for emergencies is essential.Your Team matters.

I’m currently evaluating whether to go with a Fund Model instead of a traditional JV for an upcoming multifamily project, I will be working as a developer looking to do work with a more experienced developer on a larger scale multi-family opportunity.