By exploring options for cost-effective utility usage, such as installing low-flow fixtures and implementing irrigation systems, we can significantly save on water expenses.To keep things running like a well-oiled machine, you’ve got to have a rock-solid asset management plan.

Our clients have used 1031 exchanges very effectively when they have a property that turns out to not be the right fit for them.

The department of justice filed a request to eliminate the comp agreement requirement due to possible anti trust violations.  

I’ve seen many investor clients use 1031 exchanges effectively.. just be sure to get specialized tax advice.

@Thomas Farrell The BRRRR strategy can be effective with $400K in capital, especially in a market like Augusta, GA, offering affordability and rental demand.

These types of properties require experienced management to navigate the challenges effectively.

It really highlights the value of having strong partnerships, effective marketing, and a sharp eye for profitable properties.One takeaway here is the importance of leveraging connections and networks to identify similar quick-turnaround opportunities.

Can you eliminate markets that wont work? 

Really about growing a strong portfolio of solid deals.Now that being said, if you are a high income earner, well qualified, and can't find reasonably good deals: (i) you can connect with a well connected real estate agent for off-market deals; (ii) you might do a very narrow cost-effective cold call or letter writing.

Detroit requires strong local relationships to navigate things like neighborhood nuances and property management effectively.