Is this your first investment property or are you a seasoned investor?

this is similar to the way I've been approaching it so far. i have a google sheets list of multiple contractors in my area. when i did my own walk through i would be very cautious with big ticket items. but my problem is i may be too over cautious and over estimate the rehab amount so i dont buy a deal and end up losing on it. then with my overestimated rehab costs, i submit an offer thats too low and it gets rejected. im in a tough spot but the more i do, the more i will learn

And low and behold, I also had to evict her cutting into every bit of profit for the year.

We develop, build, and manage Class B multifamily projects (12-200 units), handing investors like you a turnkey deal: 8-12% cash-on-cash returns, low entry costs (way below Midwest urban averages), and no management hassles since we run the show.

Low entry costs How did you find this deal and how did you negotiate it?

In fact, most just print new shares to get billions to invest when stock price is high and buy the shares back when price is low.

He is a seasoned investor and very well-versed in REI.

Either way, the property will cash flow like crazy once my unit is rented.I have enough capital to get into a bigger property with low money down and am seriously considering a triplex or fourplex for the next one.Here’s the issue: My lender (local bank) says I need to be fully moved out and have a lease in place before they’ll proceed with my loan.

In terms of low competition, unless you are buying in the most rural or economically distressed area, there is always competition.

From my experience, this is a very seasonal market.