Plus another $3000 for security lighting, cameras, barred doors, etc..Crime stats are three times higher than Houston, you need to add security to have a good tenant and not have car windows smashed in.

Since I have bars on the doors and windows it is pretty secure right now for the reno. 

Appreciate any insights or guidance from the community on navigating this situation. 

The bar is set so low for Realtors, we should be playing limbo with it.

Here are some insights and advice to help you navigate your real estate journey.Fix-and-flip Points to Remember:Make sure you comprehend every aspect of the renovation process, including precisely predicting expenditures and adhering to deadlines.For the refurbishment process to go more smoothly, establish connections with reputable suppliers and contractors.Always keep an emergency money on hand in case something unforeseen comes up when renovating.Financing: Look into financing choices for prospective rental properties as well as fix-and-flip projects.

I understand that as one acquires more types of assets, taxes can become more complex, and I want to ensure I'm maximizing my savings.Are there any CPAs in this community who also own real estate and could offer guidance or share their experiences in navigating taxes as a real estate investor?

While the specifics remain to be seen, staying informed, building strong relationships with industry professionals, and adopting a strategic approach to negotiations can help you navigate this evolving landscape and continue to make informed investment decisions.With the potential for more flexible commission structures, what are your thoughts on how Oklahoma City real estate investors can best leverage this change to maximize their returns?

I'm still in the early stages of navigating this whole process and building my team. 

By adopting a long-term view, conducting thorough market research, managing properties efficiently, and diversifying investment portfolios, investors can navigate the complexities of the current economic landscape with confidence.

There's a lot of schmoozing that goes on in life...billion dollar deals are done in bars and on golf courses.