I did not factor in long-term big-ticket capex.Just because it is a foreclosure, does not mean its a good deal.

I just took a course and was learning about market research, like looking at population per capita in an area and average income, among other things, and comparing those factors in one community where there may be a property you are interested it to another community.

With property taxes being a significant factor in Texas, how do you factor them into your sales strategy?

The fact that you’re now considering the next steps with equity is a sign that you're ready to level up, but it's also crucial to be strategic about it.In terms of pulling out $500,000 of equity for new investments, there are a couple of key factors to weigh.

This final determination based on various factors such as condition of property, location, and bedroom/bath count.

Market Research: What factors did you consider when determining the potential resale value?

So, in order to be successful, it is important to regard other relevant factors of establishing a profitable business/ operation.

Not only is she an amazing coach for real estate investors and a very good friend of mine, but she is also my conference buffer.If I don’t have someone to meet somewhere every morning, I may skip.

However, smaller properties tend to have asking prices influenced by factors like local demand or future appreciation potential, not just rental income.If you're finding that the numbers from the cap rate approach are consistently coming up lower than the asking price, it may be because the market value is being driven by different factors, especially in a competitive or appreciating area.I’d recommend using comparable sales as your primary tool while keeping the income approach in the back of your mind to avoid overpaying.

Morning coffee power hour, breakfast one day, a Happy Hour, whatever!