Your clients should focus on properties with significant equity potential and work with experienced contractors to stay within budget and timeline—especially with borrowed funds on the line.Avoiding Bad Deals - Encourage them to work with experienced agents, contractors, or mentors and always run multiple scenarios, including worst-case outcomes, to stress-test their numbers.Reserves - Advise your clients to keep a reserve fund separate from their loan for emergencies, unexpected expenses, or delays.

Risks include market fluctuations, property damage, tenant issues, and unexpected expenses.

It feels like there’s always a surprise—whether it’s skyrocketing material prices or finding something unexpected during the demo—that eats into the budget and profits.I know there’s always more to learn, so I’m curious—how do you approach rehab budgeting?

After a couple of months of hard work and more than a few unexpected surprises during rehab, I sold the property for $145,000.

After a couple of months of hard work and more than a few unexpected surprises during rehab, I sold the property for $145,000.

This can drastically reduce the property's value and cause unexpected headaches.I’m curious—what features do you prioritize when looking at short-term rentals?

If not, paying off the STR could leave you vulnerable to unexpected expenses or downturns.

I’m curious to hear from private real estate investors who’ve faced unexpected insurance claims and were protected by an umbrella insurance policy.We often see discussions whether investors should use an LLC or an umbrella insurance policy.

Would be delighted to join with other moms to connect!

Future deals should include a 10-15% buffer for unexpected rehab costs.- You should consider some other lenders.