Let’s make 2025 the year you crush your deal-finding goals.

I'd be happy to talk with you further about how to leverage your real estate license in pursuing your investment goals.

Good luck as you pursue your goals.

Comes down to personal values, goals, risk tolerance, and time.

Right now it feels like we are aimlessly investing, and it makes it hard to see the end goal and even harder to see how to get there.   

If your goal is to help your mom, you can purchase a property for her through a 1031 exchange and rent it to her at fair market value to meet IRS guidelines.

My goal is to purchase my first property between now and mid to late 2025.

While more development did happen over the last few years from development projects started in 2021 and 2022 when rates were lower and developers could outlast supply chain issues, the upcoming supply is expected to drop again, as we will discuss later on, with the relatively sharp rise in interest rates that has dried up investment capital due to the fear in the market, sellers opting to hold out on their land and or properties until cap rates and interest rates subside again as is expected in the coming years, as well as banks being cautious to lend on real estate due to this sharp rise putting many projects that were started in 2021 suffer greatly from a 7x increase in rates over the following 40 months that had adjustable rates or 5-year terms which is very common in larger multifamily investing.

My ultimate goal would be to buy fixer-uppers to turn into long-term rentals.

Focus on getting your finances in order, setting achievable goals, and finding a mentor or local real estate groups to guide you.