Purchase price: $176,000 Have a signed PA and conditionally approved loan for single family residence in Fulton Market neighborhood!

It was a new build in a great neighborhood.

Instead of paying market for spot lots I create my own lots  and capture that equity.

Killeen and Harker Heights do have some good spots and various multifamily options.

Also consider contacting houses that look vacant, simply door knocking in a neighborhood that you are interested in and talking to the homeowners in a genuine way, For Sale By Owners is another potential, using an App like Nextdoor or Facebook pages/groups related to local real estate and just telling the group what you are looking for, contractors also know about houses coming on the market soon and so do property management companies, and finally garage sales are a good way to find off-market properties as people prepare to sell.To Your Success!

Their first project...a neighborhood of single-family homes...yielded a steady 8% ROI in its first year.2.

I would say that the value he brings is finding the deals, doing an initial diligence, having a local team set up for renovations/repairs/property management as well as knowledge of the neighborhood.

Appreciation, maintenance, neighborhood, eviction rate, proximity, condition, etc.

My previous renters were relocations - either had sold their home and looking to buy another (low inventory so takes a while to find a home to buy) or moving here from another city and didn't know yet what neighborhood they want to be in, or alse building a home and need a place to live until it's completed.

I have even run my numbers using anywhere from 65%-80%, depending on the scope of work, timeline, neighborhood, and ARV.