Throughout the course of the flip I began to realize how much of a mistake it was trusting this person.

there are of course more creative strategies to reduce that up front outlay, or recoup your capital, like, say, the BRRRR method. but they are time and energy intensive and certainly not hands-off. 

Of course, there are plenty of calculators out there, some are good as well, but since the question is about Dealcheck, I can say that is a great one. 

(I helped/mentored a lot of hosts to know this)Of course, it is market-dependable and depends on the size of your accounts.

So making $300k, of course someone probably can say they did it but its not going to be the norm, especially for someone with little to no experience.

While many gurus glorify the strategies they’re selling through courses or books, methods like BRRRR aren’t easy and can put you in a tough financial spot if you’re not careful.

We also do a property orientation and show them how to operate the house, change filters and batteries, turn off water main - and of course the mystery of GFCI outlets

Of course the risks are there that the owner will not renew the lease and start doing it themselves if you are successful.

The project was budget-conscious but impactful, ensuring the unit is ready for future renters.Reflecting on 2024: Wins, Challenges, and Lessons LearnedLooking back, my first year as a landlord was a crash course in property management.

Unless the deal is fantastic of course, and maybe it will be!