I thought when I joined I would actually get mentorship from a seasoned investor and join an already made team.

I would confirm this first.Otherwise, I just use Excel and develop my own pro forma from there.

I invite seasoned investors to share their experience buying their first 2-4 unit properties. here are some questions to base your response/story1) how did you find your first property ?

Comps to me no longer play the only role because of rates, seasonality, etc., it definitely fights the arguments on re-fis with the appraiser but I'm noticing there's just a liquidity issue that is skewing things.I try to essentially start at the floor and work my way up on the ARV as opposed to seeing the highs and working it down.

The macroeconomics are on fire here - population growth, job growth, and companies moving and developing here.

Most commercial lenders do not require any seasoning for that entity which means that you can create an LLC and use that entity to purchase the property immediately as long as you have the proper documents.

experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

Most take near a year in southern Ca, but you hear of exceptions in both directions on that timeline.What some developers are doing here is leveraging the affordability issue and getting permission to build additional ADUs by designating some as affordable or semi affordable units.  

Hello -  My husband and I are experience real estate investors, with several LTR/MTR/STR located in Ohio and Geogial,    in 2022,  we purchased a seasonal boutique motel in Western New York.