Craftsman bungalows and historic homes are in high demand.Key ROI Factors:Homes often need cosmetic updates, not full rebuilds, making renovation costs manageable.ARV is climbing as retail, restaurants, and parks continue to develop in the area.Pro Tip: Focus on properties within walking distance of hotspots like Five Points or Riverside Village for a premium resale value.2.

Thanks for the tips! 

I am looking for suggestions, if any available. I am trying to find ways to raise capital to scale my real estate business. First and foremost I have tried the typical solution of friends and family. I come from a poo...

-What tips do you have to share? 

Anyone have experience with this, tips for starting out? 

Welcome to the community and be ready for a huge amount of information at your finger tips.

Thank you again for the notes and tips! 

Welcome to the community and be ready for a huge amount of information at your finger tips.

A few tips: maintain a solid credit score, organize your financials (especially your proof of funds), and be ready to show that you have a solid plan for your investments.

This significantly lowers the cost per door and improves your return on investment.Scalability: A three-story walk-up design allows you to maximize your build cost and land use, just like most professional apartment developers do.Control with New Construction: Starting with a new build ensures fewer risks, as you’ll have control over the property’s condition and avoid surprises from existing structures.Pro Tip: If you do go with an existing property, make sure to thoroughly vet the deal to avoid hidden costs and issues.For first-time investors, multifamily new construction is often the best way to scale quickly, reduce costs per unit, and build a sustainable rental portfolio.