Before getting started, I’d recommend focusing on three key areas:Strategy Selection – Understand the different investment strategies (BRRRR, short-term rentals, etc.) and determine which aligns best with your goals.Market Research – Study the market you want to invest in, including property values, rental demand, and economic trends.Laying the Foundation – Take proactive steps now that will set you up for success later.

Let’s swap horror stories, success stories, and maybe even some good contractor recommendations!

I wonder with Canadian economy struggling if there is potential to purchase distressed properties that could be converted into long-term rentals or successful AirBnbs (especially in the cabin markets that have been hit hard).

QUESTION: Has anyone had success going all in on marketing to groups celebrating milestones? 

Over the years, he acquired more homes, duplexes, and even a small apartment complex.But despite his growing success, Michael had one fatal flaw—he couldn’t let go.The Burden of ControlMichael was everywhere.

It was such a big success that it would be idiotic for me to not continue with real estate investing.  

Wishing you great success on your journey!

We can work on maximizing that revenue in the future.I doubt an out of state investor is going to have success BRRRR in Huntsville right now, but then again, every investor gets to define success for themselves. 

Random example from this week:Sell at a loss or rent at a lossOn the other hand, if you are willing to put some time in by traveling to the market, spending time getting a network set up, screening dozens or even hundreds of properties, and taking the time to get set up right, you increase your chance of success.  

I believe a large portion of the users on here owe at least a small portion, if not a large portion, of their success to this community.