Are you planning to rent the entire unit at the 2nd year mark? 

Network with experienced investors, choose a real estate strategy, research markets with job and population growth, learn financing options, familiarize yourself with property management, develop a long-term plan, and leverage your stock experience to evaluate markets and trends.Good luck!

Review what happened and determine why each item was above or below your expectations so that you can properly plan for next year.Review your prior year goals.Did you buy all of the properties you set out to purchase?

Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.

Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.

Happy you joined the party.. how soon do you plan to start crunching numbers on a potential deal?

@Anita Z.I recommend finding an accountant who specializes in real estate taxation, tax planning and financial planning.

Talk to a CPA to see how it fits your plan. 

I plan to use the 10k Club to make money by being a bird dog for times when I don’t want to go deep into the process to make a profit.

Are you planning to more projects like this (or maybe BRRRRs) this year?