Also need to look into the purchase price, renovation budget, and then potential rents per month.

Advani encourages investors to look beyond short-term fluctuations and envision the growth potential of their investments over years, not months.Strategy #2: Leverage Market ResearchIn-depth market research is invaluable, especially in times of economic uncertainty.

The house's electrical system seems to be functioning properly, but given its age, we're wondering whether it would be beneficial to replace it entirely( I.e update the whole electrical system) My question is this: Would installing a new electrical system increase the value of the house and make it more appealing to potential buyers?

Upper Arlington (43212) is an established Class A neighborhood with good schools and potentially stable rental income.

Are you underestimating your ARV or potentially overpaying for it?

When I'm in doubt of a potential cost I get the written bid before I even make an offer or while I'm still in my inspection period.

Examine the property's state, rental revenue, and cash flow while taking location, condition, rental prices, and future appreciation potential into account.Assist your real estate agent in negotiating the conditions of the acquisition and submitting an offer.

The NAR settlement is not even yet approved so I would not be making any decisions based on a potential settlement that could be amended.

Or a home with a potentially separate entrance to the basement that you can then STR/Airbnb?

Third, what is the potential cash flow?