Quote from @Anthony Maffei: Quote from @Jonathan Soto: i have done a 1031, i can connect you with my contact for you can discuss and prepare accordingly Appreciate that.

At this point I'm mentally prepared to take a loss and be done with it.

Be prepared to follow up multiple times, using different forms of communication—calls, emails, and if possible, in-person visits to their office.

@David Robertson Being a wholesaler might have helped you with industry relationships but by no means prepares you to invest the money of others.

The main challenge was ensuring all logistics aligned for a same-day flip, but preparation and collaboration with Archie made it seamless.

Investors who are active in gathering data on local trends while working with knowledgeable agents are able to pick neighbourhoods poised for growth and also comprehend how to best mitigate their risks as they prepare to maximize their return.Myth 3: Distressed Properties Are in Bad LocationsAnother misconception is that distressed properties only exist in bad neighborhoods.

For example: We provide tax preparation and advisory services to people who invest in commercial (including multifamily) real estate, and high w2 earners investing in short-term rentals.

A smart seller/listing agent will likely require a large EMD to tie you to performing on your offer, so be prepared for that. 

That said, be prepared to act fast on non REOs, or shell out a little more than usual and bring an inspector during tours.

By preparing for down payments, understanding realtor fees, and partnering with experienced lenders and legal professionals, you can make a sound investment in a secure and thriving real estate market.Take advantage of this opportunity to turn your housing allowance into long-term equity.