Red Flag #1 - Positioning: He doesn't mention anything about pricing or what his protege program is until you sign up for it, that in itself is a red flag, but the most important red flag here is the position you are put in when you sign up.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

In some cases, I’ve never even seen the property in person since purchasing it.I believe the key to success lies in thoroughly understanding the market and having reliable "boots on the ground" to handle any on-site needs.

Our HOA is considering buying the lease so that the entire condo will become fee simple.

My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

The Real Estate Guys do a great newsletter with lots of high-level information about the economy and how it impacts real estate.  

Probably a silly question, but I feel like duplexes or more are a little more complicated when it comes to insurance, which is something I never thought about PRE buying the house!!!

With $50k down and a 7% rate, the payment would be around $3300.In the Denver area, you can get $800-$1000/room.

The marketplace determines the rent.

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.