My short-term goal is to secure my first single-family and rental property, while my long-term vision is to build a thriving real estate portfolio that generates wealth and financial freedom.I’m currently learning the ins and outs of financing, deal analysis, and market selection.

Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball

Also we are scheduling some consultation with lenders. what are the questions to ask the lender and also how to choose a good lender for investment properties moving forward ?

Good luck and would love to hear more about the goals you make for this year.

I assume you know at this point but in general, the goal is the screen for a very good tenant and keep them there as long as possible.

We are not the right choice for everyone, but we do help hundreds of investors every year start and progress their investing goals.

I have saved up some money but my goal is to save up at least 20k in a year before I start looking for options on house hacking in a duplex.

Depending on your long term goals I wholesale and use the assignments fees to buy free and clear properties and I use creative marketing to buy and keep in my portfolio. 

I’ve been working with real estate investors in Atlanta for many years, and I’d love to hear more about your goals.

Also being able to write down/document goals I set earlier and see if they are being hit.