They come in with fancy spread sheets, break downs, proformas or cool looking power points with pictures and graphs.

You want to have long discussions about your goals, how to break a tie when you don't agree, and you should always have the exact same amount in the account.

Land development can seem complicated, but breaking it down step by step makes it much easier to manage.

A scope is especially important on properties where the sewer line would be particularly expensive to replace (for instance, if the sewer line replacement would require breaking up and re-pouring a driveway, or removing numerous mature trees--these things can cost significantly more money above and beyond the cost of replacing the sewer line). 

Appreciation is good in TX but I’m breaking even the first couple years when I buy here.

Pulled this together for a RE Investor meet up on how "today's tech stack" is breaking down historical concerns of STRs being a time-suck for RE Investors when looking at either purchasing properties for STR deployment or evaluating assets for STR usage vs other strategies.

I know cash flow can be challenging in Texas but if you are anywhere near break even it's a win as long as you're in a good area because values are only doing one thing over time in that DFW metro.

Yes, wholesaling is tough to break into and to do it correctly is to have a good foundation of knowledge on the subject. 

But if you can save the 25%, that's often enough to take it from a break even to a decent profit.

You need to calculate the time to break even on this, and consider if you will live in this home in 1 or 2 years from now.