Key lessons learned: use a cost-per-square-foot estimate from previous projects rather than relying solely on GC quotes, as they often underbid but end up costing more in the long run.The property is under a 2-year lease at $1,750/month.

Give up a bit of projected return for an established operator.  

John is right about the enemy method, its the only accurate way to estimate revenue.The blanket estimated revenue amounts on analysis websites like AirDNA can be a decent baseline, but generally include too big a pool of properties to give a very precise estimate.The way I use the enemy method: Sign up for a pricing software that has market analysis (I use PriceLabs but most of the pricing softwares have this feature).

The fact that it’s a major rehab over six figures makes it worth considering a cost segregation study.

The answer was his teaming up with Albert Lowery, an investor who got his own start reading Nickerson’s book.  

When investing in any type of real estate in the U.S. as a Canadian, the entities that you set up are so important from the perspective of avoiding double taxation and legal liability.

Deja, In my experience a landlord who is exiting the business or wants to flip their SFH to level up to multifamily may offer a package deal. 1.

I like Meet-up Dot-com.

You can signup for the tour here: https://www.gatewayinvestors.com/tour/

@Faris Wright to me there are two investment types when you go out of you are either Investing For appreciation or cash flow if you are invest on either Coast most of your investments will be appreciation based since the cost is much higher than the rents.