In 2024, I focused on the Charlotte, NC market, completing 21 deals in my first year of taking consistent action.

Hi Eric, I use Doug Lyons with Lyons Home Inspections for all of my personal properties and all of my clients.

My team traveled to Arizona to meet with the FlipOS team, who had recently raised substantial funding—$136 million in 2021, followed by $50 million in May, 2022 and an additional $100 million in August 2022.

There are several factors that affected my decision, the first being the rising condo fees. 

Any one of us could give you our two cents on the math of it, but only you can decide if it makes sense based on what your specific goals are. personally, i paid points on my house because my goal was lowest possible monthly payment.

as a property owner I agree with you @Jonathan Wiesniak saving $10K is music to my ears.

We're underwriting all my single tenant industrial to an 8 cap exit right now.

Here’s a breakdown of the pros and cons of each approach based on my experience:Tenant Swapping:Pros:Tenant Retention: Keeps the property occupied, which helps avoid vacancy periods.Minimizes Turnover Costs: No need for cleaning, marketing, or re-screening tenants if the new person is already known.Flexibility for Tenants: Can be seen as a more tenant-friendly approach, allowing them to find a replacement without facing penalties.Cons:Risk of Unknown Tenants: The new tenant might not be as reliable as the original one, leading to potential issues down the line.Lease Violations or Delays: If the new tenant doesn’t meet the lease requirements or fails to sign a new agreement, this can lead to complications.Operational Complexity: Keeping track of the lease terms, managing paperwork, and ensuring proper screening for new tenants can increase administrative work.Notice for All (One Notice to Vacate for Everyone):Pros:Clear Expectations: Everyone knows what’s expected, and there are no surprises with last-minute tenant changes.Consistency: Easier to manage leases and tenant turnover with a straightforward system.Quality Control: You can screen all tenants that are moving in, ensuring the new occupant meets your standards.Cons:Longer Vacancy Periods: The property may stay vacant for longer, especially if finding a replacement tenant takes time.Tenant Frustration: Current tenants may not be happy with the requirement to vacate, even if they want to stay.Marketing and Re-screening Costs: You’ll have to go through the process of finding and screening new tenants, potentially leading to increased costs and downtime.I’d love to hear what others are doing!

But is this possible with my current capital?

I am not a developer , But down the street from one of my properties is a town house development .