I am like you, try to stay on the cutting edge of technology as I believe if you do not you will be left behind, especially in the real Estate industry.  

If it's still raining outside, if you can get the carpets in a garage and under industrial drying fans, you may still be able to get them dry.6) if the water soaked any drywall, you'll need to cut that drywall out and throw it out.7) rent a bunch of industrial drying fans from home depot/lowes (they are specifically designed to dry up houses that were flooded, and soaked carpet.

If you overpaid in 2020-2023, based upon bubble multiples, the picture isn't as rosy.You have a choice to make:  Cut your losses or grind it out.

It's a lot more fun to work at a place that is profitable, vs someplace that is always making cuts and struggling.

I am looking at purchasing a modular home, but has two repairs that it needs first has some soft spots in the floor would it be easier to put new flooring on top or just cut out the soft spots and replace them?

Turnkey often gets a bad rap here because a lot of investors feel that 1) it's a cop-out to turnkey instead of doing everything yourself and 2) because people feel (potentially justifiably) that leveraging turnkey cuts down your margins because the turnkey company is taking their cut.I think #1 is BS.

SFR is 2100 sqft over two floors (one is basement), both floors are fully-finished, water pressure is not an issue. there is no other rehab in the main house, so we will have to cut into the ceiling for just the retrofit.Thanks a ton!

Quote from @John Napier: If the intent was to cut off wholesalers from doing more than two deals a year, I do not think this accomplishes that end.

The highly effective path to accumulating wealth in rapid time is the same, unhyped, path it’s always been:- Radically cut back on expenses by getting roommates, living in the smallest bedroom in the basement or attic for a few years, and househacking or renting cheaply.- Bike or walk to work- pack lunch and learn to cook.- Read a new business book or equivalent every week for years.- Amass liquidity as rapidly as possible.- Use that liquidity to purchase real estate or take shots at small business entreneurship.To more directly answer your question though, I think that the “live in flip” is one area that seems appealing right now, in Denver.

If you miss something, you either take a pay cut or have to go back and fix it or both.I started doing it part-time while in school and couldn't make it to most appointments because they were during the day when most people are at work.