It’s a small single family three bedroom one bathroom unit, I bought it for cheap and plan on renting on the higher scale by making minor improvements such as flooring, fresh paints and of course new kitchen and bathroom

There is a lot of valuable information to be found through the forums, webinars, podcast, and YouTube videos.

So I am familiar with soflo.One strategy I am trying to implement is The 4-3-2-1 Strategy:Start with a 4-unit property: Live in one unit, rent out the others to cover your mortgage and expenses.Repeat with 3-unit, 2-unit, and attain your dream home last (1 unit property)After 12 months of living in each property, consider a cash out refinance to use equity for improvements or further investments, if beneficial for you.Build a real estate portfolio of 10 rental units in a 3 year span while generating rental income.

I have been involved in many foundation repairs and we get the improved foundation up to as good or better than new.

I’m also a big enthusiast for health and wellness, always striving to improve myself and learn more.If anyone in the Houston market would like to connect or has any advice for someone just starting out, I’d love to hear from you!

The last years have been tough to find deals, but it is getting a little easier now and I talk about numbers on my YouTube channel: we have seen more inventory in the market in September than at any time in the last four years.

In the past I just give them a 10% deduction in rent for one year until things can improve. 

Guest Experience- Improving Based on Feedback: We make ongoing changes based on what guests tell us to improve their experience.- Easy Check-In: We set up smart locks and clear instructions to make check-in as simple as possible.8.

@Scott TrenchOnly thing I can think of is He just recorded a video on YouTube that discussed a former employee of bigger pockets and had some criticisms.

Avoid personal use of the property, as it can limit deductions, and be careful to correctly classify repairs versus capital improvements, as improvements must be depreciated.