The issue with the banks or, credit unions, is speed of execution.

BanksHard money lenders and private lenders generally offer more flexibility, speed, and ease (for example with the construction draw process), but it comes at a higher cost.Banks are generally cheaper, but are not tailored to serve fix and flip investors, so their processes are more stringent and clunky.

I received an offer on a property I am trying to sell (was a month or two late from the peak and due to the market it is in I haven't gotten a lot of activity).

Figure out which homeowner might be worth reaching out toIdeally we would want to find homeowners who are motivated by speed, convenience, and privacyTool to find these sellers: PropStream (walkthrough at 16:40 in the video)Can find address and phone numbersHow to contact themExpect possibly around 10/100 callbacks and possibly 1/100 solid lead.Things to look for:Motivation - Ask why they want to sellTimeline - how soon are they looking to sell?

If you’re going to have a pool, it must be a heated pool since the peak season here is when the water temp is cold.

Winter might not be the best time to bring your Airbnb online, the market here is still pretty seasonal and we're at the end of the peak season now.

But even at the biggest hospital in a metropolitan area with 2.2 million people, you were talking about less than 100 people at its peak.

I had bought a duplex to house hack in and it wasn’t a good fit (didn’t really know how to analyze a deal at the time) so I sold it during the peak of 2020 and banked some cash and I have spent the last two years reading, listening to podcasts, etc, to get a more thorough education. 

So far the touristy areas have held up much better than the fringe areas that got popular during post-covid revenge travel.Houses in the Smokies and Destin are still selling for close to what they were in the peak. 

I am very proud of this deal, specially because of the date purchased seemed to be the peak of my market which is the DFW area in Dallas, Texas.