Be prepared to do your due diligence and make competitive offers.So, what do you think?

Automates lodging tax returns based on your monthly transaction data Prepares, files, and remits lodging tax based on jurisdiction deadlines — for one location or thousands Allows quick access to your lodging and tax filing payment history

After closing, work on increasing your income, reducing debt, and preparing for a second mortgage.

However, I also want to be as prepared as possible, leveraging the guidance of those who have successfully navigated this path before me. 

Just be sure to be prepared to get legal advice if you run into grey areas that you are not well versed in to avoid legal implications.

They can also give you a better idea of how much you should be prepared to pay so you can cruise through your closing with confidence.And as you plan ahead for closing day, be sure to budget for your real estate agent’s professional service fee too, in case the seller doesn’t cover it.

I have my cleaner on standby and I am prepared to leave if necessary. 

Am I prepared to hold properties longer if market conditions change or if a flip doesn’t sell as quickly as anticipated?

The rental market is already showing signs of recovery:Spring Is Coming: Historically, the rental market picks up momentum in the spring as tenants prepare to move during warmer months or ahead of the school year.Early 2025 Trends Are Positive: In just the first week of January, we’ve seen a dramatic increase in rental applications, suggesting pent-up demand from renters who delayed their searches in November and December.What Landlords Can Do NowTo make the most of this recovery, consider:Refreshing Your Listings: Update your photos, descriptions, and pricing to ensure your properties stand out.Offering Incentives: Temporary discounts or move-in bonuses can help fill vacancies quickly.Being Patient: The market is already bouncing back, so don’t panic if your property takes a bit longer to lease than usual.What’s been your experience?

That being said if you are willing to start with a smaller property or have more cash reserves than we did as we were preparing for our wedding you can make the deals happen you just have to be creative with it.