Hey everyone,I’ve been working in real estate for a little bit now, and like many of you, I’ve found that two big challenges keep coming up:Finding distressed or off-market properties before they get picked up by others.The time-consuming process of property analysis—especially when trying to figure out ROI, ARV, or repair costs quickly.I’m curious how you all are dealing with these issues.

My wife is also part ofa LP/GP (where she is the asset manager) that acquired a value-addapartment complex in Houston, where the renovations are now complete, and theGP is in preparations for the refinance.We are currently working on further expanding ourlocal portfolio and are planning out our next larger acquisitions.

Should I just sell the renovated home and the lots and take the win, or manage the building of the duplexes and go for a bigger win over the mid-range (while taking on the risk that things go badly or the market shifts)?

It offers a low return on investment and takes a long time to get there.Here’s a general breakdown of how you might estimate your return:1.

Driving for dollars sounds great but takes a lot of time and hits.

Hello everyone - we're working on putting up a new area of the site called BiggerPockets Property Management Toolkit, and we've written an article on Heloc versus Home Equity Loan.Learn the differences between a HELOC vs a Home Equity LoanAll feedback welcome!

I at times find things at Homegoods but not always.  

Although I’ve been a long-time member, I’m just starting to engage more actively here.

The last time I went through tenant applications it was a paper/pencil situation.

While completing a Cost Seg study, they were very resistent to me using 6% and because of time-sensitivity, I decided to default to the "rule of thumb" method that you mentioned and used 80/20.