For example they only buy land and build in land lord friendly states.Before they buy land to build on, they thoroughly analyze key market indicators such as population growth, occupancy rates, job growth, and even prioritize top school districts.

First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.

This provides you with a safety net for any unexpected expenses during the rehab process while also potentially allowing you to secure higher leverage on the purchase price.

Joel is revealing how much money “leaks” out when operations are not prioritized, and how much the bottom line can be enhanced when it is.   

On the other hand, if your goal prioritizes appreciation, Columbus is the place to be.

Hotels are definitely not fans of STRs but it is regular people and safety officials that are pushing for these regulations. 

I am a software engineer so I prioritize partnering with the right team to execute every steps of investing.

Always prioritize cash flow – Even if you don’t need the income now, properties that cash flow will be much more resilient during market downturns or unexpected challenges.

The marketing/advertising firm, aka RE broker, is not the expert in building codes, zoning, structural engineering, neighborhood safety, etc.As a prudent investor, always do your own due diligence or you'll end up being (unitentionally) misguided by a RE broker's information.  

The good news is that this is the perfect hidden health and safety inspection item with which to negotiate a price reduction.