Always do the homework, and plan in detail to reduce the investment risks and increase the likelihood of a profitable real estate property investment.Neglecting To Do The ResearchEven though I touched upon this point briefly above, it’s important enough that I’m dedicating a whole section to it.

I was able to move an existing tenant from an older less expensive property into this one and increase rent.

Prioritizing renovations that increase rental value or reduce long-term maintenance costs is key.Market Research: Understanding your market is crucial.

Certain DSCR lenders will be able to underwrite an  the lower of an increased percentage of market rent (110%, 125%, etc.) and the in-place rent if the property is occupied.

Now there's a flip side to that, you can capture rate increases instantly as demand pushes where other asset classes can not.  

In this post, I share with you the pre-construction investment benefits in the Dominican republic in the tourism sectors like Punta Cana, Puerto Plata, Sosua, and others.Among the benefits of acquiring properties on plans are the following:1- Capital Gains: the increase in the value of a property over time, due to different factors, such as accessibility, location, within the urban environment, services and infrastructure, and urban and architectural value.2- CONFOTUR tax benefits: law 158-01, which establishes tax benefits for real estate investors in the country's tourism sectors, which grants the benefit of tax exemption for 15 years.a)- Real estate transfer tax 3%.b)- Real estate asset tax (IPI) 1%.3- Financing available with an interest rate of 0%:Which works depending on the policies of each project, it normally works as follows.a)- the unit must be reserved from $2000 onwards.b)- They are given an approximate period of 21 days - 30 days to complete the downpayment 20%.c)- it is financed in monthly installments without interest until 50% of the value of the property is reached at the time of delivery 12-24 monthly paymentsd)- the remaining 50% can be financed with a bank or you can pay it cash.4- Resort administration: which guarantees monthly profitability and a return on investment which we could talk about by a zoom meeting..Thank you

Also, many of these property owners have not invested in their property correctly so that it meets the necessary aesthetic in order to attract a high-paying customer base.

Shawn, from what I’m understanding you explain, it seems like you want a low price point with decent cash flow.If you’re looking in Utah, you might want to consider other markets for this buy-box.For my clients that are looking to invest in the wasatch front I’m constantly trying to help set realistic expectations for them.You won’t find much cash flow unless you’re putting a sizable down payment down, house hacking and waiting for rents to increase, using creative finance, or using another rental strategy like mid term rentals or rent by the room.On the flip side of this, Utah has one of the strongest economies, youngest demographics, and most educated population in the country.

Incorporating technology into the process increases efficiency and precision and allows for deeper insight.Prior to implementing the new technology, a cost segregation study would require professionals to spend much time going over the architectural blueprints and conducting extremely thorough site visits in order to be able to classify the assets into the correct category.

There is a silver lining in that my projected cash flow will increase since the mortgage expense is a little lower.