Just be sure to research your target markets carefully to maximize returns.

Sorry I am a little late responding but hope this helps!

That’s a 20% return on investment before expenses, down from 26.1% at the same time last year.

For 2024, the annual gift tax exclusion is $18,000 per recipient (rising to $19,000 in 2025), and amounts above this require filing a gift tax return (Form 709).

Some private lenders like the one I work with doesn't require appraisals on fix and flip/new construction loans and also doesn't require tax returns/W2s.

Lately, the topic titles on the BPRE podcast have sounded more like On the Market show, and the last On the Market show sounded more like a BPRE episode.

My guess solely looking at your numbers is that it's an older/distressed property which means you have to account for more costs in capex. 2nd thought being it's not in the best of neighborhood then you'd have to take into consideration lower quality tenants/ neighbors and maybe increase expected vacancy and late payments.

For example, two of my goals are to achieve a certain percentage for my IRR (internal rate of return), and a certain % for my cash on cash return. 

I’m also open to exploring short-term rentals, private lending, or passive investing in funds—anything that maximizes returns while keeping risk and time commitments manageable.For context, I’d consider leaving my job if this could become a full-time venture that surpasses my current compensation (low-mid six figures).

After reading so many intros of young, single, eager individuals, I'm hoping I'm not too late to the game!