I am going to continue to analyze the market until I am absolutely ready to buy with ample reserves and more specific analysis on comparable properties.

Just a few tips to look into but it usually takes some time to gain steam on your first listing so be patient and keep analyzing the local compeition /your own listing. 

On the other hand, a hot tub might cost more but could yield a higher ROI in competitive or high-demand markets.Data-Driven Insights: I also use tools like AirDNA or PriceLabs to analyze local trends.

Now you repeat that process until it's paid off.Disadvantages:It took a while for me to set up.Bank account is always low, lol.People can spend a lot with that amount of credit.People think I'm weird when I tell them DId you analyze what would happen if you moved all of that money you were using to pay off a heloc, not get a heloc and put that money in a treasury or other type of account that got you 6% interest or invest in an ETF or something lower risk?

Anyway, I greatly appreciate you taking the time to share from your vast wealth of experience.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Our job is to rapidly identify, qualify and analyze all listings, tour the propsect as soon as possible and write workable and winnable offers.

If you’re looking for steady cash flow, you might want to analyze condos with low HOA fees or explore multi-family properties instead.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.