Manage the Property: If renting, manage it effectively and maintain communication with the seller.Advice and Tips:- Educate Yourself: Understand legal and financial implications.- Build Trust: Establish rapport with the seller for ongoing communication.- Be Clear: Define all terms clearly in the agreement.Mistakes to Avoid:- Incomplete Due Diligence: Conduct thorough inspections and financial analysis.- Unclear Documentation: Ensure agreements are well-drafted to prevent misunderstandings.- Market Trends: Consider future market impacts on property value and income potential. 

While you could be responsible for part of the cost, you should only be responsible for the worth of the depreciated door. 

I have been doing some new construction stuff in Ohio, and I'm curious to see how our costs compare to others. 

Despite these challenges, the successful sale at $125,000 highlighted the importance of strategic planning, effective marketing, and strong partnerships in achieving quick and profitable outcomes in real estate investments with Partner Driven.

Your cost of living sucks in NYC so that hurts as well.You say you want financial freedom, but what you really want is time freedom and the only way to get time freedom is through earning money to give you that.

Despite these challenges, the successful sale at $130,000 highlighted the importance of strategic planning, effective marketing, and strong partnerships in achieving quick and profitable outcomes in real estate investments with Partner Driven.

To me that sounds like most of her stuff needs to cleared out.How empty is empty enough for an effective home inspection?

It’s also prudent to review and update your properties' safety measures, such as installing fire alarms and security systems, as these can sometimes help reduce insurance costs.

Investing in New Builds: Considerations and ProcessNew Build Investment Options:Build and Sell (Fix and Flip):Pros: Potential for high profits with modern appeal.Cons: Requires significant upfront investment and market risks.Build and Hold (Long-term Rental):Pros: Attracts quality tenants, potential for higher rental income.Cons: High initial costs, market fluctuations.Process Overview:Market Research: Identify high-demand areas.Land Acquisition: Purchase suitable land.Design and Planning: Work with architects and obtain permits.Construction: Oversee build quality and manage costs.Marketing (Fix and Flip): Highlight new features to attract buyers.Tenant Management (Rental): Implement thorough screening processes.Advice:Educate Yourself: Understand local regulations and market dynamics.Risk Management: Prepare for potential delays and cost overruns.If you have any other questions/just want to discuss feel free to reach out to me directly!

There are initial and annual costs involved, and you have to sign up with a brokerage.