Starting with a single-family can be a great way to start especially if you’re looking for a lower-risk starter project where you can get your hands dirty and learn a ton by doing.

NOI Underwriting Methodology: NRI and EGI, real estate taxes, operating expense underwriting rules of thumb, replacement reserves, appraiser’s impact on lender underwriting, expense comps, etc.10. 

This is my first spec house and I’ve learned a lot.

Do I just have to go by the actual numbers like revenue from last owner and taxes?

I have a lot to learn, but willing to put in the work. 

@Anita Z.I recommend finding an accountant who specializes in real estate taxation, tax planning and financial planning.

As you embark on this journey, you'll learn the importance of market research, the art of negotiation, and the power of leveraging assets.

Excited to learn and connect with you all!

Took about half a year to learn how to walk, talk and even eat again, but bounced back to my love for real estate investing and the two things that transitioned me from just wholesaling to actually buying deals as an investor was creative finance and private money.Bought my first rental property in Easley, S.C. owner finance and one of my best rentals I still own today was bought subject-to! 

My goal is to learn as much as I possibly can and connect with experienced investors along the way.If there are any local meetups or networking events, I’d love to hear about them!