Hey everyone, I’m curious how brokers and investors are adjusting strategies with the current market conditions. Personally, I’m seeing a lot of interest in fix-and-flip projects and long-term rentals, but financing r...

I’d appreciate any advice on getting started, local meetups (I’m outside of Atlanta, zip 30152), or tips to navigate this journey.

.- Any potential pitfalls to watch out for during this process.If anyone has navigated a similar setup or has referrals to professionals who can help, I would be extremely grateful for your input!

Also, keep in mind potential market fluctuations—having reserves can help you navigate unexpected challenges.

In summary, leveraging an earnest money lending partner can be a game-changing strategy for scaling a fix-and-flip business, enabling investors to navigate the market more effectively and capitalize on lucrative opportunities.

. - Do sponsors/developers generally just look for GPs or preferred investors?

It is written by an attorney and from it, I learned all the procedures and rules that lawyers use to successfully navigate court.

You’ll also need to navigate state tax obligations for rental income and potential depreciation recapture when selling.Insurance is also deductible as well.

If you've had a license for eight years and don't know how to get a PM license in your state, then I would suggest you don't have sufficient knowledge or experience to take on the responsibility, particularly in a state that is very difficult to navigate. 

Was it finding the right market, navigating local regulations, or building a network?