The BIGGEST mistake wholesalers make is diving into lead generation before you have anything set up to convert those leads when, and if, you DO find them.What is the point of trying to reach out to prospects when you have no system set up to convert these prospects into leads?

That leasing agent can provide very good insight into what is moving in the market and how to generate more income. 

Assuming you're in the Charlotte market, there should be plenty of room to generate cash flow and subsidize your new primary mortgage. 

As a reminder, our rules require all content to be human generated, based on your own knowledge or experience.I'm shutting 'er down.

The DSCR is a financial metric that measures a property's ability to generate enough income to cover its debt obligations.

The Millpond Ct property sold for $785,000 on 11/15/2024, generating a remarkable return on investment.

For example, you can get a 3 bed/2 bath SFH in a decent neighborhood for about 270-300k that can generate a rent of about 2000-2300/m.ThanksMohammad Parwez336-999-9086https://mohammadrealtor.com  People really invest 300k to make less then 6% net?

To fund additional investments, consider side income, creative financing or creating a timeline with your co-owner for converting property B into a rental to generate cash flow.

For LP the question still remains: you want to lose 200k now or lose 500k later, all for to just generate 200 bucks cash flow.I'm an adult, and am responsible for my decisions, including the contract I sign as an LP with the GP.

. - Even if it takes me 6 months to find a tenant at $25/sqft + NNNs, I would still generate more NOI in year 1 than on a multifamily property with similar square footage.