If you can capitalize on those early returns and recycle into another property with similar early trajectory, you will end with much more money over the same period of time.Of course, being able to harvest those gains and recycle in a tax deferred manner helps even more, so you may want to seek out syndicators that are able to offer 1031 exchanges on exit, which is definitely possible.

Hi Andrew,Thank you so much for the tips!

Bonus Tip: take extra care to get 5 star reviews on your early stays.

I would gladly take any tips and advice!

Tip:  when something feels too good to be true look into it.

Every week, Scott Trench and I bring you two episodes where we share money tips and tricks, along with telling Money Stories of our guests.

Do you have any tips on building a score? 

Have you ever had to deal with major delays in a renovation project, and how did you manage the situation?

I respond to many posts here to help new investors, so I wanted to give out 5 tips that may help you on your journey if you are new.

Specifically, I’m interested in:Websites or platforms that list foreclosuresLocal auctions or foreclosure salesNetworking tips or local contacts who might be aware of upcoming opportunitiesThank you in advance for your help!