I hope you don’t have friction with your partner because the money got ahead of the work.I’ve had some success hiring workers for the day at the prices the gcs pay them $100-200 but have had my fair share of misses here too.

Industry experts suggest the current uncertainty creates ideal investment conditions for those willing to enter the market.As we step into 2025, we wish our valued readers prosperity in their investments, clarity in their decisions, and success in seizing the opportunities ahead.

What tools or strategies are you using to stay ahead of the game?

Hey @Ricky HernandezGreat question, and it’s awesome to see you thinking ahead about the potential for turning your new-build home into a rental.

I had clients in PHX  and Vegas that lost their 4 plex's because they went 100% vacant and stayed that way.. they owned 4 or 5 of them.. it only took about 3 months of negative cash flow and they were done.Max leverage loss tenants  lose property.. that's the formula..  

Quote from @David Martoyan: Has anyone here successfully adjusted their strategy to focus on finding deals that don’t follow the traditional ARV formula?

I always remember that rockstars know rockstars, so find someone who is a mover and shaker - likely a meetup host - and then ask them who they know.The people doing 100 flips are super busy, so I've also found the best person to find is someone who is a step or two ahead of me...so maybe for you, that is someone doing 2-3 flips a year. 

I tip my hat to you because you are way ahead of many of your peers. 

@Anthony MillerYour property management experience is a major advantage as you start investing, giving you a head start with tenant screening, lease agreements, and maintenance coordination.

It would be unfair for me to give any kind of general satisfaction/unsatisfaction because there is still a lot ahead to be determined.A quick snapshot:-Purchased lot in February 2022.