There’s no shortage of properties that could benefit from your expertise, and using your team during slower periods is a smart way to build equity and maximize returns.If you’re considering your first project, I’d suggest looking at duplexes in Belton, MO.

Here are some key elements to include:Lease Agreements: Ensure your contracts reflect the latest laws, such as notice periods for entry or rules around security deposits.Fair Housing Compliance: Familiarize yourself with federal, state, and local fair housing laws to avoid discriminatory practices.Property Standards: Regularly inspect your properties to ensure they meet safety and habitability standards.Tax Documentation: Keep accurate records to comply with tax reporting requirements.4.

.+  Cash out refi on those after seasoning period.+  Buy more, repeat.

Even if you get something in escrow right away, it's still a 30-45 day escrow period before you would get paid, unless you are working with cash Buyers.  

The maximum fixed-rate period seems to be seven years, and there is generally a balloon payment at 10 or 15 years.

Make sure to get legal advice on what you can and can’t do for bill back and what kind of notice period is required in your state. 

@Argel Algura.Congrats first on your last.year and how much you have accomplished in a short time period. 

None of us are as smart as we think we are when an investment goes right.Lastly, I'll borrow a thought from Morgan Housel - don't seek the investments with the best returns; seek the investments that will allow me to make an average return for the longest period of time.

Then, after I had experience and several wins, people were willing to partner with me on deals, or lend to me in second position for a short period of time to help with the down payment and with repairs and then I would pay them back when I would refinance.

Waiting until the 1-year period ends avoids potential loan issues and simplifies things.