The key is knowing how to navigate them:🔹 Finding the Right Deals – The best distressed properties aren’t always the ones sitting on the market.

Make sure the tenants are paying market rent or above, otherwise your loan will be DSCR constrained.

Hi,We recently (Aug 2024) bought commercial land of around 2 acres. this was part of bigger commercial lot (around 25 acres) which had AG exemption and so the taxes that they paid was around $20 each year. we received a 'AG ROLLBACK' letter from the appraisal district that starting 2025 tax year, we will be taxed at it market value resulting in additional taxes, interest and possible penalities for 3 prior years.

Curious as to thoughts on building ADU’S for equity in LA / SoCal market.3.

I’d encourage you to think outside the box when sourcing off-market properties rather than simply replicating someone else’s strategy—what works for them may not necessarily work for you.Additionally, connecting with real buyers who can close on deals is crucial.

If that is the case, just let them take it to market to sell.You could offer to manage the property and have them to rent it out now where you pay them a flat rate every month and anything you make over that amount is yours to keep.

As you're just starting out in Austin, focus on learning the local market, particularly areas with good rental demand and lower entry prices.

In general value adds add much more value for both the cost and effort than lower cost markets.  

Is Phoenix a good market?

Always good to connect with others in the space, especially in the Orlando market.