In addition- if it's not working and the tenant takes legal action, the judge certainly isn't going to be on your side when you tell them a flooring contractor said it was warm in the house.This game is all about mitigating your risk by being proactive.

I know over 9000 new units were built in 2019 and construction is the biggest industry in Phoenix.

With your background in architectural design, you're already ahead of the game in understanding spaces and their potential!

Through a client and a lot of research and connections through my Personal Training Industry How did you finance this deal?

That two-day delay cost him a $40,000 payday.The Lesson: Don’t Let Time Kill Your DealsReal estate is a fast-paced industry, and time is the one resource you can’t afford to waste.

I also have this same question about a Multifamily deal we have where we will need to purchase land before approvals.. you’d think being in this as deep as we are we’d know this answer but, it’s actually proven to be a pretty difficult thing for me to come across even with speaking to several people in the industry.. my own mother is 32 year lender.

I think talking with a Broker in the Industry would be helpful too

If you’re looking to invest in your backyard, it helps to network with as many locals in the industry as you can.

A different industry thought leader will present and allow a time for Q&A.The goal is to raise awareness of and encourage this strategy as well as network with likeminded investors and entrepreneurs.  

“Josh, I feel you on this one—it’s a tough spot to be in, but let me tell you, these situations are where the real players in this game prove their mettle.