Year 0: $5,000 x (1 + 8%)^0 / (1 + 5%)^0 ≈ $5,000Year 5: $5,000 x (1 + 8%)^5 / (1 + 5%)^5 ≈ $4,325Year 10: $5,000 x (1 + 8%)^10 / (1 + 5%)^10 ≈ $5,756Year 15: $5,000 x (1 + 8%)^15 / (1 + 5%)^15 ≈ $7,629Year 20: $5,000 x (1 + 8%)^20 / (1 + 5%)^20 ≈ $8,783Income reliability is crucial for financial freedom, and it hinges on the tenant occupying your property.

Multi-Family PropertiesStarting out, it's crucial to balance potential returns with manageable risk.House Flipping: While flipping can yield significant profits, it requires substantial experience in project management, cost estimation, and an understanding of the local market dynamics.

Establishing your team is crucial to a smooth start in this market.

Anyway looking forward to meeting people from St Augustine, Daytona Beach, Ormond Beach, Port Orange and New Smyrna Beach.  

This can be beneficial for a few reasons:Separation of Personal and Business Assets: Moving the property under your LLC’s umbrella through a DSCR loan will allow you to separate your personal liabilities from your business assets, which is crucial as your portfolio grows.

It's crucial to carefully evaluate the benefits, drawbacks, and costs associated with forming an LLC and consider how it aligns with your overall investment strategy and goals. 

Its crucial to know your community and understand what you are investing in.

Others meet at events, RE meetups, or even through social media—whatever feels most natural.3️⃣ Vetting: Vetting is crucial.

., inspections, tenant management).Analyzing Deals: With Section 8 properties, it's crucial to understand that Fair Market Rents (FMRs) aren't guaranteed, and neither are rents overall.

Quote from @Brandon Croucier: Close fast, stay in comfortable LTV positions is the name of the game.Absolutely, staying in a strong LTV position is crucial for minimizing risk, especially when moving quickly on deals.