So you need to be local to know who is in the area and ensure your street doesn't transition down in quality...it can happen in 12-18 months before you can do anything about it.

Even though I know the numbers well from my previous experience, I’m sure there are some unique challenges when it comes to flips—like managing renovations, timelines, and of course, staying on budget.For those of you who made the transition or started out flipping, what’s something you wish you knew before your first project?

Definitely weigh the pros and cons, and as always, consulting with a real estate attorney or financial advisor may help you navigate this transition smoothly.Hope this helps and best of luck with your continued growth!

If I provide the notice prior to the end of the12 month lease (October 28) do I still have to pay them several months of rent to help them transition to another rental?  

.- Most of the deals that came our way were for 60-70yr old wood frame buildings, that had been owned by their current owner for 25+ yrs, and we felt there was a definite risk that the economic viability of the asset was less than our planned (buy and hold) time horizon, and we were also highly skeptical of the insurability of some of these buildings or that the cost of insurance would not balloon once the ownership transition forced the insurers to reassess the building.Ultimately we pivoted to retail/light commercial mixed use properties.

YES, you can transition from new copper to old galvanized, but just be sure the plumber uses the right fittings to prevent corrosion.  

High-dense urban environments should build up, and get rid of underutilized parking since public transit is easier in these environments.  

I’m sort of new myself, I’m working on transitioning from being in the background-ish, as well as working a different area.

It gave structure to my business on the acquisition side, and since then I have modified the sales approach to be more tailored to my preferences.We are transitioning from outbound marketing to inbound PPC and PPL.

Here’s how you can navigate this transition while considering DSCR financing:1.