Did you attend educational courses to enhance your real estate knowledge?

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.   

Getting one property and cashflowing it will be a challenge. you can try seller financing but you are still going to be highly levered which just enhances the risk that you are taking on.The best way to grow is to focus on managing your rental, saving money through your W2 and crushing that - if you are a realtor you will make more crushing it as being a realtor than over leveraging real estate - then save for down payment and buy slowly. its not a rush.

A tenant now enjoys these enhancements at $1400/month, showcasing the property’s increased value.

Purchase price: $45,000 Cash invested: $40,000 Property Renovation Overview: 1453 Southfield Dr, Columbus, OhioWe are excited to showcase the extensive renovation of 1453 Southfield Dr, a testament to our dedication to revitalizing living spaces and enhancing the experiences of our tenants.

We're committed to providing a top-notch experience for all our investors, and your input helps us identify areas for improvement.Transparency, responsiveness, and reliability are core values for us, and your insights have highlighted where we can enhance our services.

Finally… do not assume that “Your” real estate agent is working for your best interest… unless… BOTH of the following are satisfied… 1) the agent Signs a “Buyers Agent” contract where it is stated that YOUR interests comes firstAND… 2) the agent / your buyers agent has no affiliation with any other party nor has any financial interest in this transaction other than as stated in the docs… and has no association with any party in the transaction… other than as stated in the disc… you explain up front that any all buying agreements are not binding until after you have AT LEAST a Preliminary Good Faith Estimate/ HUD1/  enhanced financial disclosure… and that ALL parties/ entities and all fees are clearly disclosed.

-------Building an ADU in Raleigh is a fantastic way to enhance your property’s value (a whole other discussion there) and increase your property’s income-earning potential. 

The renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.

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.