Many coaching programs include group sessions, masterminds, or events where you can connect with other like-minded investors.

Include in your model rates going up by 2%, and just make sure you enough cash to cover. 

Make sure you fully understand the market you’re investing in, including rental demand, property values, and local landlord-tenant laws.Building a good team early on is also key.

Would you share 3 specific things I should do during my "training period" (if it includes a book, which one)?

I have flipped 30 houses, including having 10 projects going simultaneously, one of which sold for $1.8 million.

This was a cost-effective way to meet our requirement of providing just a stove and refrigerator (we don’t include washers or dryers), without breaking the bank further.But here’s the twist: If we were upgrading appliances for a long-term tenant with a stellar payment history, we might invest in brand-new appliances.

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.

Exceptions include delays caused by factors outside the Subcontractor’s control (e.g., weather, material delays).5.

Many local businesses that operate in the downtown area by the state park (including some famous attractions) close for the winter or reduce hours.

These are NonQM loans that underwrite by using the gross cashflow (as evidenced by net deposits in your bank account or how much was reported on your 1099) and then applying an expense ratio (usually 30-70%) to determine your gross income.