If you do enough BRRRs over time you'll see a few values come in lower than expected and a few come in higher than expected.

When I bought my first personal residence in Lexington, the property taxes at the 6% rate on a $100k home were at $2,900.  

One small multi at a time. 

I also seen and have heard lots of debate on if Memphis' can handle such a system and if we can sustain it and only time will tell but I personally believe just one thing when it comes to this.

Can you receive a loan for a single family home and a loan for the construction of an ADU at the same time?

I did this several times using duplexes and triplexes over the years before I decided to become an accountant.

You can set specific criteria to spot underpriced homes, distressed properties, or anything that’s flown under the radar.I know several investors have had more luck with using water shut off lists, so while it's more work, that might be an even better approach.One thing to note is that Privy compiles real-time MLS data and integrates public records, so you’re not just getting a snapshot of the listing status but a full picture, including owner history, property condition, and any price drops over time.That said, if your focus is primarily on expired listings, I'd also suggest checking out RedX—they’re known for their niche in expireds and FSBOs.

I’m excited about my first BPCON!

My first thought was 50/50 but since I won't actually be doing all that much, I thought maybe it was too high.

From the start, we knew our portfolio would grow beyond the first fourplex, so we wanted a management structure in place.