There are far more important items you should be prioritizing but first so I am clear on the strategy, it sounds like the business plan is to go under contract, renovate the building and then purchase the building once renovated and stabilized?

. - us accountants love hearing what everyone's else's friends are doing for tax strategies haha zoom hours with other investors definitely does not count.

There are many strategies for off market...Searching public records for preforeclosure defendants, evictions (plaintiff may be tired landlord), etc can be a good source.Driving for deals is time intensive, but tried-and-true.

It offers you a home and a strategy to grow your investment portfolio.

You reference Costar directly, but as another member already shared, Costar is simply a data collection tool that commercial re brokers use to evaluate properties for themselves and their clients.

, I am a new real estate investor interested in the BRRRR strategy.

the cap rate for single family in san jose is maybe 1-2% ; DSCR is 0.25 ; but with very creative strategy we can make it into 0.8-1.1 but the key is using more tenants per unit, also home that has basement and ADU like me, the unit can be rented and while my dscr is above 1.0 but banks can't use it so we kinda stuck to leverage but this creativity of multiple tenants per single family.i am now trying 40 year IO program from one of the lenders such as yours to quality, also i will try no-ratio DSCR at some point.Seriously, by combining hefty cash position + flip program + rent out to multiple tenants ; and sell it few years later, this is the less riskiest project we can do as landlord/flipper.

Active management vs. passive investment is one of the main differences between a DST and a 1031.Understanding the Differences Between DSTs and 1031 ExchangesInvesting in real estate often involves exploring various strategies and tools to maximize returns and minimize tax liabilities.

We have had investors take advantage of this strategy and property type but simply split utilities in half between the tenants, and not have it be permitted.

Bridge and private money, depending on strategy needed.