After she gave me the numbers, I calculated the rehab to be around $16,000 which I was fine with.I saw on the app we use to track expenses that there were small charges for the rehab which I was fine with.

Most hard money lenders base their terms on the deal’s equity and your experience, so with a solid flip track record like yours, you should be able to find better leverage — especially if the deal has a strong ARV.What's the ARV on the property?

You'll want to enlist a CPA on this to assist you- Repeating the above for Cancun, since it's a vacation destination already, I'd almost guarantee you that you cannot write it off 100%In regards to travel, it's also important to remember that even if everything is used 100% for business, the IRS classifies business expenses being valid if they're "ordinary and necessary".

It is easier to train assistants and staff if you are only doing STR or LTR.

At first, since mid-2020, the rent was late but steady every month with rental assistance.

I'm probably biased, but I prefer to have a lender who can assist in any of my markets. 

Although some unexpected costs arose during renovations, close collaboration with Carol ensured the project stayed on track, resulting in a successful outcome.

You track all of your expenses the same way irrespective of profitability. 

Zillow also hs a "Make Me Move" feature you can click on to see home owners listing their property in hopes of a good offer.I have also seen peopl reach out tp local AFL Assisted living facilities to talk to the Admin or on boarding nurse to see if ay families or people need to sell their home to cover costs.

I'm also working on a Google Data Analyst certification to bring in some extra income while I'm home with our 19-month-old daughter.I'm still pretty new to this, though, and I'm not sure where to start or if I'm on the right track.