As a former business owner, there are times of the month where it seems that all the cash goes out at once.

Many investors are adjusting by using more cash or creative financing strategies to maintain profitability.Renovation Costs: While labor and material costs have somewhat stabilized, smart budgeting and working with reliable contractors are still crucial for keeping timelines and profits in check.How has your strategy changed for those currently flipping in Phoenix?

I would encourage house hacking, you won't be cash flowing but it helps you save while you get your foot in the door with low DP.

Essentially are you cash flow positive or negative each month?

Long-term rentals are a solid choice, but mid-term rentals in medical hubs (like yours) can offer strong cash flow with less turnover. 

Max helped me buy a condo in Little Italy that has insane cash flow because of this new license. 🙏🏼 

It gives them a bit of cash, some responsibility with little effort.

Buying a second home to rent out is a solid strategy, but be sure you understand the cash flow, including mortgage, taxes, and potential vacancies.

Feel free to reach out!

Purchase price: $925,000 Cash invested: $75,000 Sale price: $1,190,000 Bought and styled and managed a luxury Airbnb in Scottsdale.