I have no fear of running the numbers, building a team, investing, repositioning, refinancing, selling or holding larger properties.

Finally, check with the Town to make sure there are no municipal liens, Make sure they're on Town sewer, check with the tax assessor to see how many bedrooms the tax office thinks there are, (important if you are flipping) buy ok to have more bedrooms if you are planning to buy and hold.  

Investment Info:Single-family residence buy & hold investment.

I was envious of a friends big gorgeous fixers in Arkansas, and I reacted by over-renovating, holding on too long, getting over-leveraged and then 2008 happened and…well enough said.

Yeah I have some friends that have properties they hold in New Orleans and have heard the good and the bad.

I told them they could stay there at no charge till the bank evicted them and made them sign a hold harmless.

I am in the middle of finishing 2 flips there and have 2 long term Holds there as well. 

If a problem arises with the property, the City will attempt to contact the owner and hold them accountable.

Exit Strategy:Every deal should have an exit strategy, whether that’s selling the property for a profit after appreciating in value, refinancing, or holding onto the property for long-term rental income.Connecting with Experienced Investors:It’s awesome that you’re looking to connect with others on this journey!

How much should you hold in reserve?