I stay current with market insights and hot trends so that I may make informed judgments and stay ahead of the competition.

.- Managing Multiple Projects Simultaneously: Handling numerous properties at different renovation stages requires effective project tracking, milestone-based contractor payments, and solid contingency plans to navigate potential delays.- Technology & Automation: Utilizing project management software, such as Buildertrend or Monday.com, enables real-time tracking of budgets, schedules, and contractor communications.

I'd research how much the rich people from NYC are paying and see what kind of houses they're staying in.

You want to make sure they are at or below 5% to make sure they are able to stay solvent.

Search the BP for ADU appraisals to encounter numerous examples.

No Double Closings or Hard MoneySince the seller stays on title, I don’t have to use hard money or worry about double closing fees.

Just know that if you are moving somewhere to chase the hot market, it will only stay hot for so long.

Quote from @Edward Barrett: New investor here trying to stay in my local market (Dayton, OH).Since I've started looking for my first deal I've come across a few section 8 properties that seem to pencil, but I'm a bit loath to jump into that kind of deal.

If you pay the loan off before selling or do a refi and have $1 of equity, it won’t affect your taxable gain. 2) if you stay 2 years you’ll have 14 years of personal use out of 22 years so 63.6% of the gain cane be exempted, up to $500k.

Hi, I would also emphasize to stay away from Foundation Property Management.