To assess the profitability of your investment, you may use these tools to measure cash flow, ROI, and other financial parameters.Consult with Experts: Get direction and insights from local real estate investing clubs, mentors, or seasoned real estate investors.

Understand your market, diversify investments, and be prepared for challenges with a solid financial plan.

Every week I write a brief, hopefully insightful, dive into real estate and financial markets, for all you tubular dudes and dudettes out there.What am I listening to?

I'm in Miami FL right now for 45 days for business development and they allow for densities as high as 1000 units per acre. in Columbus it might be 50 units per acre. density always wins and drives down land cost. keep land under 10% of asset value upon completion. those are my best tips to get started 

Divided Opinions: Academic economists polled by the Financial Times believe the Fed will likely maintain high interest rates for longer than anticipated, potentially hindering rate cuts this year.

Fast closing to remove non-performing asset?

For that reason, I wanted to pay cash to remove any emotional/financial burden so it bothers me less, If that makes sense.

I put alot of importance in reading, so I made them read classics at 1st, then mindset (think and grow rich etc) then financial acumen (rich dad etc) thankfully they all have w2 jobs so 401k match, roth etc. 2 are homeowners (don't want to be REI investors) but the last 1 is saving for REI investing.

You will also learn A LOT from your first property just by owning it and you'll want to mitigate your financial risks and get into good habits ASAP.  

cost to sell are going to be 10 to 15% minimum to plug into TK resellers pipe lines.. have you run the numbers  lets say purchase rehab is:PP 70krehab  30k  pretty average in that age class assets in Cleveland ( keep in mind I funded over 300 deals in Cleveland personally in the last few years so I do have some experience in that market).So 100k all in.Cost of capital  2 points 12%  plus your going to need at least 30k in cash to pull this off. lets say your super good at what you do and can do it all in 6 months.2 points   2k  12k  6 months  6k   for total of 8k  HML will hit you with another 2k to 3k in junk fees so thats really 10k in borrower costs.tAx's  lets say 1k for 6 months.Closing costs when ou buy 1,500 to 2kClsoing costs including commish and seller concessions and title and escrow at least 10% Utls and insurance  1500.0010k profit So that all adds up to an exit sales price that needs to be at least 124,500 hard costs and now you need to sell for 130k to 140k to make your profit. and given where investor want to be they want 1% rule or .08   so use 1% for easy math they want that house to rent for 1300 to 1400.