This also leaves me with $3,750 stuck in the deal (not including financing and closing costs, which could easily add another $20,000).In total, if I had to include closing costs and financing costs, I’d have about $23,000 (if not more) tied up in the deal and lose close to $700/month before accounting for expenses.

Business Growth: As I’m focusing on multifamily, industrial, and retail assets, any advice on how to position my company to stand out in a competitive market?

I prefer to source all my deals off-market, which allows me to find properties with less competition and negotiate directly with motivated sellers.

It was in rough condition, which limited competition and made it a strong candidate for the BRRRR method.Negotiation: After analyzing comps and repair costs, I negotiated a $420,000 purchase price, which was below the market value for similar properties in the area.

The % of LTC is the amount funded of the costs needed.

They are even working on getting me the evicted tenant's security deposit, the missing JANUARY rent since the place is still empty, and covering the cost of my own manager re-listing the property.

•Off-market deals: Creative strategies for connecting with potential sellers and standing out in a competitive market.

No management costs?

That's your competition.   

It helps create an aspirational experience and can make the home stand out in a competitive market.