The more you know, the more prepared you’ll be.2.Find Your Strategy: Real estate offers multiple paths—flipping homes, building rental portfolios, commercial investing, etc.

So yes, to answer your question, I’m well prepared for whatever I get myself involved in.

If you're planning on purchasing out of state in a high yield market, just be prepared to lose money on the 1st purchase.

Just be prepared for winter if you are moving from a warm climate.

As I prepare to attend BPCON2024 on Sunday, I wanted to give a primer for fellow introverts who get buried at conferences.It starts with @Alyssa Holbrook. 

Chicago Attendees, As we prepare for Cancun next week, I was thinking that it would be fun to organize a little Moon Palace get-together for Chicago-area attendees once we are all down there. 

But I decided to test the Air BNB venture.

This doesn't mean you stop investing in those areas, it just means you need to factor that into underwriting and be prepared for it.

Sometimes for 12 months, hopefully for years.This ongoing transaction (relationship) is much harder when things are disjointed, expectations aren't met (or properly set), people are curt, or worse.Find a PM that passes the sniff test of someone you want to build that relationship with.

That means increasingly better cash flow.I expect Detroit prices to 2x in the next 5+ years given what's happening there and the current trajectory.That said, again, if you believe investing in CA will match your goals it's a great, time tested market.