We specialize in working with REO, real estate agents & brokers, institutional & private investors, and homeowners, offering solutions that meet the unique needs of each project.At Nuovo, our core values are at the heart of everything we do:Vulnerability: We maintain open lines of communication, ensuring transparency throughout every project.Integrity: We approach every task with honesty and a commitment to doing the right thing.Innovation: We constantly seek new ways to improve processes and outcomes.Adaptability: We embrace change and are always ready to adjust to meet client needs.We believe in creating a fun, open, and trusting environment, both within our team and in our client relationships.

We live in a very different environment now. 

There are spores I the environment all around us.

That is pretty significant particulary in an environment where interest rates are dropping.

The penalty plus the security deposit (and additional repairs) was far from covering my expenses, but one thing I can tell you- this is a peace of mind having non carpet flooring.   

However, I am in constant communication with banks and in this environment I more often hear banks take the position of we want to see a depository relationship of XYZ percent of the loan amount in order for us to lend you real estate funds rather than take the position of offering better terms than other borrowers because of your depository relationship.  

If your tax situation isn’t too complicated, you could try handling it yourself using good software, but if you want peace of mind, a CPA could be worth the investment.Since your parents have experience, you might lean on their advice while you learn the ropes.

So far I've read that it may be difficult to get some of the irrs that are marketed since there has been a bull run across real estate with a low-rate environment the last decade and I would love to hear thoughts.- What are the "usual" investment minimums for a deal?

I would however give them the benefit of the doubt at first and try to come to some sort of peaceful resolution first.

Your management has to be top notch, your marketing has to be top notch, your pricing has to constantly change with the environment, your design has to be incredible and the photos have to trigger that booking response.