A 2 stage is far more efficient and less costly to run.

Let’s discuss the hidden costs and potential pitfalls of traditional financing methods that many investors overlook.

This strategy requires careful planning, from evaluating potential properties to ensuring that your rehab costs don’t spiral out of control.

It’s designed to help you understand the property’s status without immediately incurring the costs of hiring a title company for every property you're considering.I hope this helps you save some time and money as you build your portfolio.

And a recommendation for an agent and property manager that you know/trust, would also be a good tip.I know it's a lot, but I'm trying:) Thanks!

To make things simple, let’s consider the following expenses:Rental property taxes: $500Repairs and maintenance costs: $1,000Utilities: $1,200Property management fees: $2,500In this case, the total allowable expenses are $5,200.

Just put back money for repair costs and deal with issues as they come along.

A cost segregation study was performed on this residential condo in Jupiter, FL purchased in 2022 with a depreciable cost basis of $672,870.

The acquisition costs are usually less than Jacksonville's, but the rents and appreciation are almost on par.

And then I also own 5 short term rentals that I manage passively myself.