There are easier strategies to start your new venture.

Our goal is to deliver as much value as possible to encourage everyone to either get started investing or dramatically expand your portfolio in the best markets to accomplish your goals regardless if this is your 1st property or 50th!

Since this is a short-term flip, the IRS usually sees it as active income, but if your role is truly hands-off, there might be a way to treat it differently.Have you thought about how you’re structuring the deal?

I do a lot of boots on the ground stuff for different clients of mine who might need stuff like leasing, walkthroughs, contractor recommendations, but want to be more hands on with the managing of the property.  

If drip sequences and automation are important for you, hands down Investor Fuse.

My second house was under contract before it was even listed, but the combination of my GC disappearing and having to restart the permitting process for the carport in March right at the start of Corona lock downs dragged that out and eventually feel out of contract.

Quote from @James Soto: Hello.My name is James, I live in Bixby, Ok and would like to get started with my first BRRRR in the Tulsa area with a cash purchase. 

Dallas on the other hand has more growth potential in certain markets in my opinion.

@Kevin Lee congratulations on getting started!

With your real estate background, you’re already off to a great start.