Helping others navigate this unique and impactful business model has been a rewarding part of my journey.Now, I’m looking to scale by incorporating the BRRRR strategy—acquiring undervalued properties, rehabbing them to meet care home standards, and refinancing to reinvest.

You should come to one of the Lynchburg meet ups, the next one we are touring a flip.

By negotiating a significant discount, buyers can secure great deals while meeting the seller's urgent need to close the sale.

Depreciation lowers taxable income now but is subject to recapture at a maximum 25% rate when the property is sold.

I do think that meeting with a tax professional could be helpful. 

-interest rates AND prices are high right now, which have REALLY hurt cash flow.  

Rent ready in leveraged RE in this market does not produce returns that meet my expectations of return for my effort. 

If you are too busy to go see a whole bunch of properties in person, meet PMs, and help with getting your first property stabilized... you may want to wait until you have more time.Not trying to be negative, just realistic. 

We cap the rate for utilities and actually added about 10% above our normal average this past year due to rising utility costs in our area for gas and propane.  

Is it possible to get a FHA at a good interest rate with just a good credit score and proof of my start date?