Typically starting with a smaller rehab budget of $50K or less (maybe a max of $75K) and avoiding a 1 to 1(or higher) ratio of purchase to rehab costs is recommend when you are first starting out. 

I recently locked down my first property as I start on my real estate adventure. 

Platforms like Procore, JobTread, Buildertrend, and FlipperForce have caught my eye, but I want to make sure I’m considering the best fit for my needs.Here’s what I’m looking for in a solution:Cost Estimation: A tool that accurately calculates material and labor costs.Project Oversight: Features to manage tasks, schedules, and budgets efficiently from start to finish.Vendor Integration: Real-time updates on pricing and inventory from suppliers like Home Depot or other suppliers.Material Suggestions: Automation or recommendations based on the rehab’s scope and specifications.Labor Planning: Tools to predict labor hours and staffing requirements for each phase of the project.For those of you who’ve used any of these platforms (or others), I’d love to hear your thoughts:Which software have you found most effective and why?

We are looking into the possibility of starting out OOS investing in Indianapolis.

Negotiate alternatives thereafter, but start the clock. 

I'm also in Nashville and getting started in property mgmt.

When I was starting, I focused on building my network, attending networking events, and was fortunate to find a mentor.

Have you been investing for a while, or are you just getting started?

Starting to regret our good will to help them because it's a hassle to get it rerented and they are getting on our nervesWe did put it in writing in an email that they owe us for the entire term but that we would work to get another tenant.  

Whether you’re just starting out or you’re a seasoned investor, BiggerPockets has a ton of resources to help you along the way.