Quote from @Elisha Johnston: Quote from @James Wise: Quote from @Elisha Johnston: Hi everyone! 

I think it is wise to consider how to ethically wholesale.

If so, simply put more down or consider the month to month an additional contribution capital wise.

If they don't approve the project, all the time and money spent chasing it yields no return.3) Market Risk: The market can change during the entitlement process, which can also work in your favor like it did for many Developers in 2021.That's why knowing your municipality, understanding their processes, and making wise decisions in selecting which projects to pursue are crucial.Success in development requires choosing the right projects that 1) meet your criteria and 2) have a promising path to approval.The good thing is that this risk is compensated by having a higher return.

That is what a rule of thumb does it allows you to accomplish MORE with LESS effort therefore getting more done faster (time wise). 4.

A competent CPA can save you more money than their fee, making it a wise investment in the long run.

They're frugal with money and invest wisely.

Try not to be penny wise and $ fo----sh. 

Quote from @James Wise: Quote from @Jinglei Shen: I am building my investment portfolio(duplex) in Ohio Cleveland, a few properties i have analyzed  with net cashflow  around $100 to $290 here is one deal I am analyzingDuplex generates $1590 income /month together,purchase price $123,000rate 7.5%, downpayment 25%5% vacancy, 10% mgm fee, $1400/year insurance,10% capex, 5% maintenance,COC is 8.73%monthly net cash $277this deal meets1% rule, bring in positive cash, my question is it in normal range in Ohio Cleveland market? 

Amidst this uncertainty, some people suggest that it may be wise to not rush the property in December but wait until 2025.