It takes market knowledge, construction knowledge, proper analysis, financial relationships, rent projections, property management knowledge, and a whole list of other things that are only gained through experience. 

The cardinal Sun you don’t want to do is to have the same issue you had before due to oversight or lack of knowledge.  

I consider myself well-versed in real estate knowledge and business jargon, but syndications really have their own set of lingo - starting with the word "syndication" itself!

I have not read the Virginia law on this, but we fund deals for wholesalers in Virginia regularly, so to the best of my knowledge there are no rules requiring a real estate license to do a same day back to back closing.

From what I have gathered Ohio, Pennsylvania, and Michigan tend to be the states that keep appearing as the best spots for potential Section 8 landlords, at this moment in time.

Your insights were incredibly helpful and have given me a new perspective on the process.I appreciate the time you took to explain your approach, and I’m excited to apply some of your tips to my own investments.Thanks again for being so generous with your knowledge!

I’m Karena, based in Danbury, Connecticut, and excited to officially join the Bigger Pockets community after lurking for a couple of months, soaking up all the knowledge I can!

You will be amazed at all of the knowledge here on the forum!

The assumption is that people don't pay taxes on properties they don't own, but you may find trustees with knowledge of the property too. :)

We try to warn our buyers about this and to use one of our trusted resources that is normally local, in the business for years, super knowledgeable and has a local reputation to defend and maintain.