Lots of wholesaling deals last week.In addition to what Dawn shared BTW, R.I.N.G is today and can be found on Facebook and MeetupR.i.S.E - Real Estate | Investment | Strategies | Entrepreneurship meets on 2nd Tuesday and can be found on Facebook and Meetup.Dealmaker has an annual conference and an expanding nationwide footprint plus a mastermind like group for all that meets on Zoom ever Wednesday at noon.Greater Richmond REIA and a few more can be found on FB and Meetup.I look forward to meeting you.

Personally I’ve never done the binder method and made a tenant multiple rent options, I’ve just set the new rate and sent it out to them via certified mail with a start date of the new rental amount 2 months out so they have time to move out if they want to.

Today’s Interest Rate: 7.02%(☝️ .04%, from this time last week, 30-yr mortgage)Good News Day!

Quality Assurance:You can personally oversee the quality of work, ensuring that all tasks meet your standards and avoiding potential shortcuts that some contractors might take.5.

@Mondli Sigabade Mhlanga GREAT to meet you. 

Go to local real estate meetups to meet real-life investors in your area who have done it and can tell you how it went where you live.3.

we are building a building just like this in Columbus Ohio except vertical. we added kitchens and all studios and common commercial and mixed it in. multifamily is much easier to finance. we got a similar valuation. we don't have to buy 1 million dollars worth of furniture either. apartment hotels are what some people call them but we are underwriting affordable housing. we copied the hotel development rezoning applications in our market but went for multifamily and I had it underwritten at 15 million and we just had the number one debt placement broker look at it and appraise it for 20 million because they added a tax abatement. hotel development works because of the nightly rate and higher occupancy and no kitchens in every unit.

Cash flow will increase when/if rates drop.2.

If you purchase a property, many of the costs on the closing statement are added to your basis.There may be some items that are eligible for an immediate write off such as pro-rated taxes, interest, insurance and hoa dues.

My guess is at current interest rates and building costs, the numbers won't make sense.Are you in the STR zone I guess?