Make sure to conduct a title search to confirm the seller has clear ownership of the property.

Prop 13 virtually fixes the property tax.  

Built in 1982 and renovated in 2020, the property has recently undergone extensive capital improvements.

I'm about to purchase my first rental property with the backing of an investor.

I had talked to one particular group on a property of ours in San Antonio, but after about four or five houses and they still did not act like anything would fit then I pretty well gave up on it. 

Quickbooks (for me) is not a useful tool for managing rental properties. 

Whether you should use a hard money, broker or private money would depend on your goals & priority (speed, communication, pricing, etc) so highly recommend considering a variety of options!

The type (and location) matter a lot but as a general trend vacant Land sales have definitely been slowing down as of late.We have dozens of properties at a time up for sale across multiple states and we spend a healthy amount of money on our Dispo advertising.

To start, I’d like to ask you a question: What is more important, purchasing real estate where you can obtain 100% return of your capital through the BRRRR investment method but otherwise break even or even worse lose money or alternatively  leave some of your capital in the deal but earn a profit when the property is sold? 

We ended up shifting that profit to a property, along with our capital from cashflow, in Rosemont that was an absolute opportunity.