They barely lasted in California (they are based on London).The challenge is (1) you are assuming all listings have open houses and (2) there are a lot of moving parts that can happen behind the scenes.

Based on conversations, I think it might be a little of #2.  

View report*This link comes directly from our calculators, based on information input by the member who posted.

Based on this article (https://www.thebaltimorebanner.com/community/housing/baltimo...) it looks like that out of 41,000 tax lien sales, 1,750 were foreclosed on.

Based on a quick answer from Perplexity it seems like there would be no issue with you buying the home and collecting passive income, but you may not be allowed to manage it yourself since that is considered active work.

A business partner approached me about it, and I negotiated the deal based on CAP rate.

View report*This link comes directly from our calculators, based on information input by the member who posted.Hello All, Please help me analyze this BRRRR deal and figuring out what's missing here.What are the holding costs based on?

If you tell the IRS it is an expense, it is no longer income.W2 income does not use a 2 year average for your base pay! 

In almost all investments, you should have a solid base of reliable, cash-flowing, and hopefully appreciating assets before striking out into something new or riskier. 

I’m a broker based in Charlotte, NC, and I work with Compass to support investors in maximizing their growth strategies.