Where single family rentals weren't exciting to me, building and developing land and redeveloping old spaces really intrigued me.

School me on tax strategies within each model.  

.🔹 Step 21 & 23: Plumbing & Electrical (Inside Walls & Ceilings)Before you close up the walls, make sure all the important stuff is squared away:✅ Plumbing – Replace any old, leaky pipes, move fixtures if needed, and double-check water pressure.✅ Electrical – Upgrade outdated wiring, install new outlets, and make sure the panel can handle modern appliances.Heads up: If you’re not a pro, hire one for this stage.

We’re currently using it for multi-family properties in a few core markets.While redIQ is a much more sophisticated tool that focuses on properties with over 50 units, our system is perfect for properties up to 50 units, providing an efficient solution for managing lead intake and financial analysis without the complexity of larger systems.Here’s how it works:Lead Intake & Processing: Automatically processes broker emails and key documents (OMs, Rent Rolls, T12s, etc.).Quick Review: Evaluates leads based on key metrics like IRR, price per unit, and more.Detailed Analysis: Extracts data from documents, evaluates financials, and identifies additional income sources.Market Research Integration: Automates checks on flood zones, demographics, school quality, etc.Deal Tracking: Uses Google Sheets to visually organize lead data—while not a full database system, it provides a simple and efficient way to store and track deals without the need for a full-fledged database like MongoDB.Financial Analysis: Built-in underwriting and financial modeling with automated reports.In addition to ZCG, I also own a portfolio of properties.

Quote from @Callie Carman: Quote from @Jacob Thorpe: Quote from @Callie Carman: Hello, I am 19 yrs. old and I want to begin investing in land but I don't know where to start.

Hey Chelsea,I’m originally from Washington too, and I actually lived in Milwaukee for 4 years during grad school!

I’d recommend looking for a market that’s affordable and has good rental demand—local job growth or proximity to schools can be a sign of a solid investment.

Hello Haneef, First off, congratulations on finishing school!

These can bring in significantly higher revenue compared to long-term rentals, especially during peak travel seasons​.Single-Family Rentals in Growth Markets:Target neighborhoods with growing populations, good schools, and job opportunities.

Have been house hunting for awhile for a primary home or multiple, I am now considering building new rather than buying old ones with high maintenance cost.