It’s crucial to negotiate terms that benefit both parties, involve a trusted attorney and title company, and conduct thorough inspections and market research to ensure a solid deal.Good luck!

While many out-of-state investors may purchase properties without an in-person visit, first-time buyers or those new to real estate are strongly advised to conduct a site visit.

In response, I had a plumber and a water restoration company come to assess the situation.The restoration company cut into the drywall, and the plumber thoroughly inspected all the pipes, performed a leak test, and conducted a pressure test.

If any of the specific areas catch your interest and you’d like more details, these are only portions of the full reports I wrote on each submarket and I am happy to send the full report to you, feel free to send me a private messageAfter conducting thorough research on the economic and infrastructure developments in Alexandria, Virginia, I believe it holds strong potential as a long-term buy-and-hold real estate investment over the next 20 years.

Its interesting at how many agents and brokers have been brainwashed into thinking that you have to be part of an association just to conduct business.

Regular Inspections: Conduct frequent site visits to monitor progress and ensure quality standards are met.

Course of prior conduct may be used to determine what constituted acceptable quality.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

You need physical office space to conduct closings and handle paperwork2.

Once you have more than enough cash flow and it's stable, that's when I would start conducting wealth-building activities such as purchasing long-term buy-and-holds.This is something I'm passionate about because I see people (including myself back in 2019) buying into the passive income / retire early from rental properties rheteroric and it's just not a thing for 99.9% of people (some find a way to make it work).This is just my opinion.