It's great to have you with us.. do you think you'll focus more on fix-and-flips or buy-and-holds?

I know I need to hold the security deposit in an escrow account.  

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

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

I flipped and did some buy and hold when I lived in Florida.   

Most 1-4 unit real estate investors are using DSCR loans right now for any buy and holds while flippers lean on higher leverage bridge/fix and flip loan options with higher interest rates.

The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

Also are you planning to hold the lot?

Investment Info:Small multi-family (2-4 units) buy & hold investment in Madison.

Plus I dont think any contract would hold up if a seller wanted out.this goes for unsolicited  yellow letters/ robo calls / robo text style of marketing.