Purchase price: $150,000 In the process of buying 1.21 acres in Isabela, Puerto Rico.

Hi Vincent,Hope your purchase went well and really wanted to get some insides into running the  rooming house in NJ ?

I'm looking to purchase my first property with my fiancé (both 25) with the goal being to establish our primary residence together, as well as giving me the opportunity to add equity/value via rehab before moving on and converting the property into a rental within a year or so to kickstart an investment portfolio.An interesting lead that recently came up is my parent's neighbor's house.

.• Hybrid Approaches:Some teams combine purchased lists with public records to cross-reference and validate information, which can improve call success rates.I’ve found that a bit of trial and error is often necessary to identify the right mix for your market and team size.

But you can still find deals at $120-180k purchase price that do hit the 1% rule and you get amazing appreciation as well.

Purchase price: $295,000 Cash invested: $50,000 Single fam home, desirable neighborhood.

Purchase price: $615,000 Cash invested: $630,000 Sale price: $1,500,000 New Construction

If you used them to purchase another rental/ use for another business endeavor...the process starts over. 

Off-market deals help you avoid this by giving you the opportunity to negotiate directly with the seller and secure a better price.Underestimating Repair Costs – Make sure you account for all repairs and renovations when purchasing a property.

I am looking into purchasing a STR in a different state and was wondering if you would be willing to give me some tips you learned along the way?