I started with flipping properties, then started doing direct-to-seller marketing, and transitioned our operation to wholesaling only.

At the same time, housing operators are havingto repair damaged units while insurance costs spiral ever higher.Thebottom line: Revenues are falling while expenses are rising.Thereare no quick remedies.

So, when you replace something and make it bigger, better, or last longer, it’s categorized as CapEx.On the other hand, repairs are generally routine maintenance tasks that keep the property in its ordinary operating condition.

Engelo is a personal friend of mine.

The IRS typically operates at a snails pace.  

You may be looking at single-family homes and miss out on a multi-unit property that does not cost anymore investment cash than the single-family and you will miss out on a gold mine that can make youfilthy rich.99% of all investors, including the gurus, do not know how to analyze investment properties the right way.

BP cosigns our ability to operate and vets us both on the phone and online prior to featuring us.

If passively through syndication - Start looking for strong operators or fund managers with good deal flow.

There are many nuggets of info and great questions to ask operators as you're evaluating a deal and their underwriting.

They operate in La La LandHow to make and stick to a rehab budget.