Have you narrowed into a city yet?

Was very proud of the team and the mission.That said what in your mind is different with referral companies IE Brokers that specialize in selling product out of state in a very narrow niche and a RE Broker/agent working in the city selling the same product ???

It isn't for the faint of heart but if you keep a narrow focus on your buy box and know your numbers, it'll give you the confidence you need to take the next step.There are hard money lenders that are more lenient on the source of funds.

@Dakota Dalsing, it sounds like you need to narrow your thinking and find a strategy that works for YOU.

I personally favor markets/approach that's outlined in BP's annual rental market survey (here is the latest) - that is focusing on cities that have a good mixture of cash flow (driven by relatively low prices and strong rents) and appreciation (driven by good economic/demographic conditions).So my research generally consists of starting with the 50 biggest metropolitan areas in the US and narrowing them down based on which ones fit the above criteria the most.

But sometimes the market is too competitive for that and you have to get them in the door during the narrow window of the open house or whatever, and in those scenarios you might have to just start paying contractors.

Questions like this always help me to narrow down my focus.Tip: Go into ChatGPT and write out your current scenario and tell it to ask you up to 20 questions to help you narrow down your real estate investing strategy.

@Bob Stevens This is a really narrow minded view.

While the interest rate and origination charges are higher, I am finding the narrower spread and lack of the pre-payment penalty makes the finance charges close to a wash between bank and alt. lender today.

You just need to get specific on a certain city in Texas and narrow down the areas that are properly zoned for the flex space inside that area.