.🎯 The Buffett Dividend Strategy Coca-Cola remains one of the best examples of Buffett's philosophy in action:1988-1989: $1.3 billion investmentHeld for 30+ yearsGrowing dividend income streamShows the power of buying quality assets and holding for cash flow💳 The American Express StoryBuffett began buying AMEX in 1964 during the "Salad Oil Scandal" crisisMade a larger investment in 1991Berkshire now owns about 20% of American ExpressThe investment has generated billions in dividend incomePerfectly demonstrates Buffett's principle of buying great companies during temporary troubles (just like smart real estate investors who buy in good areas during market dips!)

Most larger communities will have a Homebuilders Association, i would start networking to find a builder that can finance the construction. 

Yearly increasing costs will, in time, eat up any profit they have per unit.

Knowing these boundaries can help you zero in on profitable, compliant locations.Timing is crucial when it comes to approvals.

This is the piece savvy investors know how to do to unlock outsized profits..Thanks Greg.

Quote from @Brandon Vukelich: Question: why would you sell an asset that generates a profit today and will generate a more significant profit in the future?

I would recommend fixing it and then determining whether or not to sell based on cash flow and profit after the sale.

A good REI bookkeeper will help keep everything neat and tidy throughout the year so you can make educated decisions in your business, potentially creating more profit and less headaches.

Profits during the partnership can be shared based on the agreed equity split, with income and expenses reported via K-1 forms. 

Now that the property has been renovated, I have recently been applying my efforts toward starting a syndication to scale up to the purchase of larger properties.