And if cash flow is a big goal, then get set up with a few short term rentals in a low cost area with decent numbers.

We share similar goals and reasons for investing.

Let's connect and chat about your goals and how we can make them a reality.Looking forward to our conversation, please feel free to connect with me.

I played 5 years of collegiate tennis as well as 18 years from the time I first picked up a racquet.I am looking for a mentor and also opportunities to grow in the real estate realm as I chase financial freedom with the goal to start building homes for those who need them once my portfolio allows me to!

Make them a partner in your property. 8-12% is common.

Thus, the speculation of the trading cap rate (the most common way multifamily real estate is valued) is just that speculation. 3.

Agreed,Should have been removed during rehab process but sometimes it can be missed.Rehabbed hundreds and many times the crews miss stuff so not completely on the seller.I always tell our investors to have common sense when doing a building inspection.Anything that can affect the long term sustainability of the property like foundation, roof, mechanics, HWH, furnace, electrical, plumbing is on us.Any cosmetic stuff that won't really affect rent or cashflow is up to negotiation.If investor is adamant on being fixed, we will fix but at a cost.There is no such thing as perfection on 50-100 year old homes.The demographic in my area also doesn't require perfection.If they do, we don't rent to such folks and advise the suburbs which come at a 3x monthly rent compared to the city.The tree should be removed by the seller and foundation addressed.Doesn't look too major to me anyway.Thanks 

G'Day everyone,Nobody talks much about the S#@% that real estate service providers put with.All we mostly see is the bad reviews from unsatisfied investors talking smack on all of us.So, I’m glad the thread I started a few weeks ago got traction and that many of you agreed.You can read more here - https://www.biggerpockets.com/forums/48/topics/1170821-wtf-i...I'm also happy to share some further light on the disrespect, incompetence and ignorance that we sometimes have to deal with.Here is a recent situation and unfortunately I’ve experienced hundreds like it over the the years.I guess common courtesy and common sense aren't so common nowadays.

Thinking of kicking things off with house hacking and maybe trying to work as a property manager or something similar to stay close to the industry.My wife and I went through a wonderful exercise–thanks to @Bruce Woodruff for the invaluable guidance–to define what's important to us, our values, goals and dreams.

I usually the common gray and white color schemes though and wood floors stand out a lot.