It's really tough to start investing when you are 60 and realize in 30 years you'll be 90 (if you are lucky). 

Construction crews leave their tools and materials on job sites with doors unlocked and theft is extremely rare.Location, location, location.

This is tough for new investors that focus so hard on cash flow as their main criteria.

Hi Sipan,BRRRR is tough in Sacramento especially in SFH because it doesn't debt cover at 75-80% LTV most of the time.

And yeah, BRRRR is tough right now with rates where they are.

yes, that's what everyone wants =) appreciation is tough to predict."

Sorry for the tough love, but not buying the above.You & your wife's salaries should cover your expenses, while the income from your remodeling gigs should be saved.Recommend you review EVERY dollar you made and what you spent it on in 2024.

@Kristian Forbes Short of doing another house hack or negotiating the purchase price down a fair amount, I think that's going to be a tough one to make the numbers work.

Maintain detailed records to substantiate deductions for materials, labor, and expenses, which can significantly reduce taxable income.While an S-Corp provides tax savings, it also requires payroll management and compliance with formalities, making it essential to stay organized or consult a tax professional for ongoing compliance.This post does not create a CPA-Client relationship.

in my opinion it is a particularly tough time to get into wholesaling.