Have you explored which investment strategies you plan to focus on?

I am in contract for a duplex in Grandview where I plan to live in one side and rent out the other

@Arthur Savery, This can be a great game plan called a diversification exchange. 

Our focus is on cutting-edge strategies and an action-oriented approach, ensuring you leave with a concrete game plan, not just outdated information and notes.What's New for 2025Event App: Easily manage sessions and scheduleTargeted Session Tracks: Personalized recommendations for your investing experience levelIncredible Keynote Speakers: Two of our Three keynote speakers have been announced. 🔥 Chris Voss"The Master Negotiator” & Author of Never Split the DifferenceLearn high-stakes FBI negotiation techniques for real estate deals 🏆 Dave MeyerHead of real estate investing at BiggerPockets14+ years of experience in real estate investingExpert in housing market analysis and investment strategyVenue: This year BPCON will be held at the legendary Caesars Palace in Las Vegas.

Purchase price: $690,000 Cash invested: $172,500 Took a gamble on a larger single family home in an up and coming master planned community.

Hey @Brad TooleyIt’s great to hear that you’re planning ahead and doing your research before jumping into your first deal—that’s a smart approach!

Hi Angela,Your tech background can help you evaluate the deals but I fear that you don't have a comprehensive plan of what you want to do with investment real estate.  

I am trying to figure out what to do with this property and would love to hear your thoughts or ideas around this.The rent is below market but the apartments arent updated.Options:-We could keep the property and make the repairs, but would be at a loss for a couple years until rent covers expenses.

I'd strongly recommend against a single family home and only target properties with at least 2 units otherwise it'll be difficult to cashflow in this high interest rate environment unless you plan on using a large amount of liquidity in the purchase.

I have high equity in my current duplex so planning on using that to fund down payment for the next property.