Enjoy low tax cashflow year over year5.

Read: the trust of the agents and contractors you work with will go so far as their good will does.

These agents often have exclusive access to properties that aren’t publicly listed, and networking with them increases your chances of getting the first look at these hidden gems.Build a professional network Build a professional network of wholesalers, contractors, and investors using real estate forums like BiggerPockets.These real estate professionals often know about potential sales before they become public.

so how is the event going.. other than being in Mexico on vacation are you enjoying the content and networking ?

(B) That everyone currently doing STR in the market loves it, enjoys what there doing, is having a great time, has the free time to do it, is loving life and not stressed out, time crunched, anxiety ridden and generally stress wracked. 

I’m completely new to fix and flip but I have been doing some research, I’ve been looking at distressed properties in my area for example one I’m looking at now the listing price is $359k Arv is $550k the contractor fee would be $33k without materials I’ve been looking at fix and flip loans saying they would finance 90% LTC and 100% rehab .

One thing that helped me when I started was getting super familiar with the local market and building a network of reliable folks (like other investors and contractors) who could make the process a lot smoother.Feel free to reach out if you have questions about investing in Michigan or want to compare notes.Best, Travis

You have to be in the area and know what you're doing and have the contractor who will get things done right. 

As a general contractor, I have a strong understanding of the buying, selling, and financing processes, which gives me an edge in evaluating and improving properties.

The advice I give to my clients who are first-time borrowers is to have three people alongside you as you start your path with fix and flips: a realtor, a general contractor, and a lender.