This rental property will be designed with a keen focus on generating a healthy cash flow.Project Blueprint:Budget: Allocated at $200,000, covering construction and all related expenses.Focus: To merge energy efficiency, durability, and tenant comfort with cost-effective construction strategies, making the rentals both affordable and sustainable.Location: Currently scouting – I'm open to suggestions and insights on ideal locations supporting this vision.Strategic Planning:Efficient Design & Planning: I'm considering compact, multi-functional layouts to optimize space usage and incorporate cost-saving construction methods without compromising quality.Sustainability & Efficiency: The plan includes investing in top-notch insulation, air sealing, energy-efficient systems, and sustainable materials to reduce the building's carbon footprint and operational costs.Budget Management & Cost-Saving Initiatives: Careful budgeting and exploring value engineering options are crucial, alongside seeking out grants or incentives for energy-efficient building projects.Community & Sustainability Goals: To create shared amenities to foster a community feel and implement systems encouraging tenants to monitor and reduce their energy consumption.Seeking Community Insights on:Cost-Effective Building Strategies: How can I ensure the project remains within budget while achieving high sustainability and efficiency standards?

Hi 

I imagine the tax situation is pretty basic, but I'm not too keen on filing myself anymore as I have in the past.

You aren’t that keen on on it right now anywayFor example, I’m liquidating my portfolio and pivoting to investing in debt, some in real estate (via private lending) and also public markets.  

I'm keen to hear your thoughts on this.

Whether you're working with residential properties, or specializing in a niche market, I'm keen to learn about what strategies have worked wonders for you and what tactics may have fallen short of expectations.Some specific points I'd love to discuss include:Where have you found the best leads or prospects?

Another troubling stat is that of the large number of the businesses that fail, a significant portion of those do so because of cash flow problems or because they simply run out of money to continue operating.If you don’t want your real estate investing business to be counted in the number that goes under this year, it’s crucially important that you have a keen understanding of the “health” of your business at all times.

I’m particularly keen on reverse mortgage vacant single family notes with deceased borrowers.

Let's connect to discuss further—I'm also based in NYC and keen to share insights.Looking forward to connecting!

Flipping offers the allure of quick profits, but it requires a keen understanding of market dynamics and a tolerance for market volatility.