This was the conversation I had with my Banker at lunch last week  IE how the worm has turned.

I have found that the "value add" opportunities, with rent increases, renovations, zoning conversions, and other work needed, absolutely do take up more of your time compared to a more turnkey property - even with third party management overseeing the process. 

Track everything, including conversations with sellers and buyers, in your CRM and on Excel.

It’s great to hear that you’re already working on a project to expand opportunities for real estate investors—that’s a fantastic way to immerse yourself in the field.As you dive deeper, here are a few things you’ll want to focus on to better understand how real estate investors analyze deals and make decisions:1.

I have talked to tons of investors recently and everyone says the Zillows interface is the worst, but it is just a side comment and we keep going on to the next conversation. 

Twenty of the the homes were BRRRR and two were full conversions from single-family to assisted living. 

I’m now in a position where I'm thinking about a bigger future full of deeper and more meaningful relationships.

BiggerPockets has already been a great resource, and I’m excited to dive deeper into the real estate world.

Once converted to a rental, repairs and improvements may qualify as deductible expenses, but pre-conversion repairs typically do not.

But there's so much here that its best to have a conversation.