Also, the costs in Florida are high, with expenses for insurance and the hurricane risk adding up.

For the ARV I will look at similar homes in the area that have recently sold that are fixed up and get the average cost per square foot.

We figured something was up and he was likely faking the end buyer and running a closing through a Title company in Florida that HE OWNS.

The are I grew up in declined severely and I am hoping to do what I can to give back to the community and raise the property values.

Which brings up another set of questions.When I go to rent, will I receive less rent bc its only considered 2 bed 2 bath instead of 3 bed 2 bath?

Is it worth it to have my contracts drawn up, or at least reviewed by a Real Estate Attorney.

Hey everyone here's my story which almost sounds like it comes from a movie: we bought a house close to Atlanta airport through a wholesale company for $139,250 in August 2023 and we used a fix & flip loan to fix it up, refinance, and rent out.

Hey Kristin,Congrats on setting up your LLC and diving into the world of real estate investing!

I closed 3 deals this year off cold calls.

I have nearly $100k to invest but would like to use it in a way that multiplies it and doesn't tie it up for long periods of time.