We plan to inquire with professionals for our particular case. 

I haven't bought a deal or anything I'm still saving up, I'm at 25k I'll hopefully be ready to buy in the next three years, otherwise the city I'm buying in is Barrie which is generally a great appreciation market, I've got two brothers Chris owns two rental properties and Ryan just bought his first partnering up with my brother chrises second deal, so I might partner up for my first deal I don't know yet tho depends on what my brothers want to do.when shopping properties I do remember from the book you shouldn't buy properties based off cap rates but im wondering at the beginning do you first skim this information say the property is listed at a 6% cap rates which is common in the Barrie market would I then would go walk the property and see if things are viably ok, once I believe it's resdy for a professional inspection I'll get information about deferred maintenances mainly capex based off what I need to repier I'll be walking the property with the professional and I guess he'll give me a rough cost of How much everything that is needed and when I need to get the work done due dates, also I don't know how to calculate how much I should set aside in monthly terms after I get the required information from the inspector I'll be doing this for the first time, if the pure cash flow is incheck  I believe usually NOI is usually around 60% including appreciation and mortgage income andone going deferred maintenances around 35-40%, now I'm ready to make an offer?

., via a lease or land contract), but it requires gathering evidence like comparable sales or repair estimates.For professional assistance, firms like Resnick Law, P.C., based in Southeast Michigan, specialize in property tax appeals and have over 20 years of experience challenging unfair assessments.

It is my honor to serve this family and I am really to JV with another investor to help more families in need of relief that are in dire situations like this Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Start small, learn from your mistakes, and adapt as you go.𝗕𝘂𝗶𝗹𝗱 𝗬𝗼𝘂𝗿 𝗡𝗲𝘁𝘄𝗼𝗿𝗸: Connect with experienced investors, mentors, and professionals.

Readers should seek professional advice.

Focus on connecting with investor-friendly professionals like agents who understand investment metrics, lenders experienced with DSCR and creative financing, reliable contractors, and a solid property manager if you’re not self-managing.

With several large universities, including the University of Pennsylvania, Temple University, and Drexel University, the city has a steady stream of students and young professionals looking for rentals.

Always consult with a tax professional or SDIRA custodian before making changes to avoid triggering unintended tax liabilities.This post does not create a CPA-Client relationship.

Find ways to increase income periodically to get the most out Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?