This team consists of an Investor Focused Agent, Lender, Contractor, and PM.Read this article on the "core 4".

Consistency of your evaluation criteria is key for staying out of trouble.

The main issue is a consistent lack of effective management and oversight.

As GPs, we owe it to our partners and stakeholders to keep communication clear, honest, and consistent.

Success comes from consistent action and patience, so keep refining your approach and scaling gradually.Good luck!

If you go the direct-to-owner route, commit to doing consistent outreach for at least a year or, better yet, at least 2 years.

I’m learning that time, consistency, and patience are helpful. 

Long-term buy-and-hold rentals in stable neighborhoods, prioritizing consistent cash flow and responsible management over rapid appreciation.

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

Focus on location: Look for properties near colleges or hospitals—they tend to bring consistent, reliable renters. 2.