My updated expected monthly rental income will be $2,800, resulting in a cash flow of $795 per month (excluding my share of the split utilities).I plan to set aside at least 80% of my cash flow for property-related expenses.Additionally, I’ll be installing keypads and security cameras for enhanced safety and operational efficiency.

Exterior Deck or PatioAdding an outdoor living space like a deck or patio extends the usable living area and enhances the home's appeal, especially in regions with warm weather.In addition to these improvements, understanding the local real estate market and focusing on upgrades that align with buyer preferences in that area is crucial for maximizing ARV.Noah, thank you for this great feedback.

It’s a tough decision, but we’re adjusting our strategy to align with market conditions and our timeline.Having come from a corporate background, I’m used to doing these kinds of planning exercises.

Joel is revealing how much money “leaks” out when operations are not prioritized, and how much the bottom line can be enhanced when it is.   

The plan for me is to breathe new life into old structures and develop useful supporting infrastructure to enhance the main focus of the repurposed campus.Anybody working in the Milwaukee area that might be interested in partnering or at least connecting with Stormi Jellison (Stormi Maya), please reach out to her.

The Vivid Vision exercise really does work - but it takes some VERY INTENTIONAL time. 

The right idea is going to be the bread and butter.1) Ideal location2) Quality properties over quantity of properties3) 1.25x DSCR4) Intention to hold no less than 8, but ideally 12+ years.5) Sufficient cap reserves6) Mechanisms to enhance cash flow(via alt investing or house strategies).7) Liability protection through no PG loans(if possible), LLC formation, property management and being a diligent landlord.8) Invest deeper, before wider.Now if you're talking where to invest, different information.

I’ve actually had a number of people exercise their option and get a loan and buy the house.

I realize this may be a fantastical scenario with no feasible solution but I thought it would be an interesting exercise.

Assume you invest in paperstac instead…if those notes default what is the cost of exercising the lien and acquiring the property?