Since I always wanted to learn more about real estate and OMG, he was good at selling (plus they create an atmosphere of preying on people's fear of missing out).

Consulting with a tax professional is advised to ensure compliance and proper handling of deadlines.This post does not create a CPA-Client relationship.

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

@Christine AledamIf you create a California LLC, the $800 cost is a tax deductible expense. 

Ironically, platforms designed for real estate (Zillow, Apartments.com, Rentler, etc.) produce very few tenants for me, compared to FB Marketplace (and I also find a lot of their functionality to be user un-friendly, from the landlord side). ...you'd think that platforms custom-made for real estate would make the process a snap for landlords, but it takes me a lot longer to post and manage rental listings on Zillow or Rentler than it did on Craigslist.

You can also create a basic scope of work and get ballpark estimates from contractors or use cost-per-square-foot averages for your area.To determine ARV, look at recently sold comparable properties in the area that are similar in size, style, and condition to what your property will be post-renovation.

This is a follow up post to one I created yesterday regarding a DSCR loan.  

With this strategy you are able to take advantage of the cashflow, appreciation, and, mortgage pay down to create equity to do the process again.

What I can say is that in any business, it can take years or decades to create and nurture a client relationship.

My plans in Charelston SC that tend to be custom will take 60 to 90 days and cost 10k or so. but they still get check sheets to..