Just bought a property in cabarrus county and turned out the crawl space doesn’t just need a vapor barrier it needs to be incapsulated, with trenches a sump pump and an industrial dehumidifier.

Most agents don't understand or have any interest in wholesaling, and honestly some agents don't seem to know much about the basics of their industry at all.While you do need to understand real estate and the real estate market, I think what's truly necessary is having the right tools and systems to help you as you begin.

You can also get into more active strategies like STR and rehabs, but the work required to get in this is significant and at that point you might be able to just get a new role with the same pay with the equivalent effort.Is your entire industry in a hiring freeze or just your company laying off?

Many people seem to forget that even though they are providing a rental property they are still in the service industry and if they do not service the client then they can take their business elsewhere.

Use census and trend data to evaluate overall markets - population growth, age, job growth, industry diversification etc.

For inspiration, you can check out sites like Slidebean, PitchDeckHunt, or Canva (I use this personally), which have sample pitch decks and templates tailored for different industries.

There's plenty of regulation surrounding the STR industry, but it's perfectly legal and welcome here.

However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.

I haven't been expanding my business with LMHA since the end of 2016 per my posts above so I don't know exactly what changed, but I expect the outsourcing of inspections to private industry + some executive level leadership + replacement of staff with new faces excited to serve the needs of HUD/Landlords/Those In Need has resulted in an agency I will develop more business with.The HCVP will always be a double edged sword for landlords (See Section 8 Bible discussion) but for now I have discovered it is finally worth the effort to participate in the program.I specialize in Toledo's transition neighborhoods, discounted houses on the edge of nicer areas but also on the edge of trash...the Section 8 program allows me to get long-term tenants who are a good business model provided they are consistently managed and visited/inspected for additional "visitors" (relatives and random dogs/cats) and damage/housekeeping which can destroy a home if left unchecked.You need to know the rules, repair and renovate for long-term durability, prepare for inspections thoroughly and keep a team of contractors who will hold those standards...after 8 years we have been through a hundred inspections.

Hi all, Am excited to engage with the BP community after being in the industry for 9 years!