Focus on building a strong buyers list in the Spring, TX area by connecting with active investors and learning their criteria.

We have a potential buyer of a lot in St Augustine, FL who would like to build a new single family short term rental.

What kind of documentation I need to get so I don't lose my capital.A neighbor of mine came with this ask of funding for building houses .

Currently just continuing to build my knowledge base and analyze deals.

A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.

Working here has been eye-opening and having spoken and worked with over a 3rd of REI's clients has been remarkably motivating for me to build my portfolio. 

If you prefer to stay local and build equity, house hacking a duplex or triplex in Fort Lauderdale could work, especially if you can add an STR component to boost income.

Warren Buffett’s Berkshire Hathaway, Donald Trump’s luxury hotels and skyscrapers, and Oprah Winfrey’s Montecito estate, "The Promised Land," all reinforce the undeniable power of real estate in building generational wealth.My journey into real estate was far from conventional.

I recently completed one on a multifamily property and found it to be a cost-effective approach.That said, there are a couple of additional factors to consider beyond the code differences between a garage conversion and new construction:Coastal Overlay Zones – If your property is in a coastal overlay, building a ground-up ADU may require Coastal Commission review, which can add time and complexity to the process.

There are some great incentives with the new builds in these areas.