Joining the Rent to Retirement Academy has been a huge step for us, and we’ve learned so much along the way.

I have a lot to learn on this side until then but am looking at buying a value add multifamily rather than residential.

Lesson learned is to pay more to get into a nicer area (B neighborhood) with more reliable tenants to avoid the vacancy risks, but again, if we can just get the 2nd unit filled we will finally have stable cash flow.

You will learn how to deal with these people over time.

I'm light on capital so paying a mentor isn't an option, but happy to split revenue (pay as I learn). 

It feels like there’s always a surprise—whether it’s skyrocketing material prices or finding something unexpected during the demo—that eats into the budget and profits.I know there’s always more to learn, so I’m curious—how do you approach rehab budgeting?

Instead, focus on learning their plans, challenges, and openness to selling.5.

Quote from @Madeline Blom: I want to learn as much as I can do but at least a 12 unit.

All lenders have strengths and weaknesses, staying close to them is the only way to learn what each of those are.

Jackie: Sorry for your loss. thank you for posting because others will learn from your mistake.