The key to success on this property was recognizing its market-ready condition.

Many property managers tend to focus on physical occupancy rates, but what truly matters is the economic occupancy rates—the actual rent collected.

Comes with a known rate, a known term, a known payment. 

My gross income is a bit less than $7k (and I'm renting near top of market rates) with minimal repairs ($2k/y), but...1.

They try to hit that goal and have been successful at that, he told me.

But I’d say the key to success is building a reliable team on the ground.

Part of that reassurance comes from bringing some experience to the table and a proven track record of investing successfully.

Rent rates have increased so quickly over the last few years.

With one successful flip under my belt, I'm eager to connect with fellow investors and expand my knowledge and network in this vibrant real estate market.In addition to my passion for real estate, I’m also a skilled electrician.

The deal was successful and later on we sold the property at a significant profit and 1031 to something larger.