Hello everyone, what should I look for When I inspect/ tour a condo for the first time?

Even if you’re not ready to buy yet, practicing this skill will help you recognize a great deal when the time comes.Feel free to reach out if you’d like to chat more—I’m happy to share what I know or help you connect with others in the field.

If we can complete projects faster, we increase IRR and build trust.3) Market Risk- The longer it takes to complete a project, the more exposed you are to market fluctuations.This goes for all things Real Estate - BRRRRs, Flips, New Builds, Rehabs, etc.Real Estate is a wild ride I feel your pain, I've had this happen many times where the project is twice as long.

It cash flows without the utilities split but I am planning to hold onto for a long time so splitting the utilities seems to make sense.

Long time listener first time caller.

Investment Info:

Single-family residence other investment.

Purchase price: $110,000

Cash invested: $45,000

Recently purchased my first house to use as a primary residence, currently I am renovating t...

How many have they run at a single time?

It took quite a good time (~6months) even with a property manager but finally found the renter after rent decrease by 200$.

(Assuming it bothers you more than the vacancy and finding a new tenant that pays on time for 3 years. 

If you are financing yourself or using a loan- it is crucial that you complete the project in a timely manner.