I’m curious how others approach finding lenders for consistent funding opportunities.

“Disheartening,” she said next, as they approached the familiar gate of the Cyprus Apartments, their former home.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

What other approaches can I take into consideration that will allow me to achieve my goal of $1M/year?

Exploring multiple strategies like fix-and-flip and buy-and-hold is a smart approach, especially as you discover which niche suits you best.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

You are approaching it the right way with creating a foundation, getting your finances in order and learning about the businessGood luckGino

This approach works well for wholesalers who sell deals to flippers, and flippers or realtors can benefit even more by taking the extra step to generate their own off-market leads.No one said methods like cold calling, direct mail, or Facebook/Google ads won’t help a realtor find off-market opportunities.Just a friendly thought, especially given the high costs associated with Zillow leads.

This route can help generate more cash flow than a traditional rental and offset holding costs, even if occupancy rates fluctuate.Rehab: Use part of your bonus to address those problem areas for a BRRR approach.