While $85K is no small number I am confident that we will be able to pay it back before the end of next year and still accomplish our goal of purchasing a minimum of one property a year.   

By carefully timing their sales and purchases, they not only deferred taxes but also increased their cash flow significantly.

He didn't seem super confident in the area when asked these questions and he himself doesn't live there.

In some areas, purchase prices and value add opportunities align well with BRRRR, while in others the margins might be tighter.NOI plaus a big role in success, esepically with MF, so increasing rents and reducing expenses are key.

It is something only you have access to unless your subscription is automatically canceled due to a payment issue.We also have never increased prices for our existing subscribers as long as their subscription is active.

A new owner with more capital can easily come in and decrease vacancy rates and increase supply to realize a 2-3x revenue.

You can find online mortgage calculators that allow you to play around and see what happens if you do an extra payment or increase your payments.

Hindsight Critique•Continue to build relationships to increase deal flow•Property manager (Mercer Hughes) is critical to completing renovations and quick tenant placement•Continue to build relationships with private lenders and personal investors•Have cash available to make quick competitive offersDid you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The key lesson is that if you rent to Section 8 tenants, their negative behaviors may result in non-Section 8 tenants to leave.Rent increases are more likely tied to the minimum wage.

I've been interested in real estate investment since college but I've either been without the capital or without the confidence to take the first step.