I aim to attract middle income, long term tenants.

My approach would be to aim for doing two flips and then the third house you can flip and turn it into a  long term rental property.

Therefore, diversification can help protect your investment returns.Selling an investment property can be strategic when you aim to diversify your portfolio or seize more lucrative investment opportunities.

In the short term, I aim to replace my monthly income from my current entry-level job, I dont make a ton of money so this shouldn't be too difficult.

I aim to create a steady stream of passive income and achieve long-term financial stability.

With engineering set to complete in Q1 2025, we anticipate breaking ground on the lot development shortly thereafter, aiming to start providing homes by Q1 2026.

As of now, my general plan is to find a local realtor online who is experienced with real estate investing (and has investment properties of their own) to help me find a good local deal (goal is 20-25% return on ARV), get a hard money loan, aiming to rehab/repair/extend the property with my father (both have construction experience) within 4-5 months, and as for the loan exit strategy either sell or rent (depending on the deal). 

My strategy involves purchasing and renovating properties with cash, and I aim to recoup approximately 75% of the loan-to-value ratio.If you have any recommendations for lenders or resources, I would be grateful for your guidance.Thank you!

My journey into real estate began with a fascination for property markets and a desire to create impactful investments.Currently, I'm eagerly scouting for opportunities in real estate, aiming to leverage my knowledge and network to uncover hidden gems and lucrative deals.I thrive on collaboration and believe in the power of partnerships.

I’m aiming for a balance of reliable monthly rental income and long-term appreciation.