Our strategy is to buy out of shape properties and rehab them back into shape, so a GC with experience in doing extensive renovations at once would be preferred.

Here are a few strategies that might help:- Leverage Industry Benchmarks: Many investors use a percentage of gross rental income as a quick estimate for operating expenses.

It also gave me the chance to experiment with short-term rentals before transitioning to a long-term hold, reinforcing my strategy for growing a real estate portfolio.

It was strategy, patience, and knowing how to find and execute the right deals.

You should jump into the weeds as long as you have a few exit strategies, know the market, have a stable 9-5, and emergency savings.

This strategy aligns well with the buy-and-hold model.Leverage Local Expertise: Partner with professionals like real estate agents familiar with rental markets and property managers who understand tenant needs.

Hope these pointers help you refine your data sourcing strategy.

Lakefront or forest view properties perform better.With an effective dynamic pricing strategy, you can still achieve solid occupancies in this market.

Hello all,My name is Slavik and I'm a new out-of-state investor looking to invest in Jacksonville, FL.Currently focusing on single-family houses, without a specific strategy in mind.

@Derick Jennings Without knowing more about your situation, I'd likely recommend a house hack, a strategy I wish I would have known about when I got started.