I budgeted 4K for labor and the remaining 7k for material which I knew was an extremely tight budget (even impossible) in order to get the property to the condition it needed to be in to fetch that 50k ARV.

Many of the areas around Fort Hood are extremely price capped since they're tied so closely to military BAH, so you'd have to find a deeply discounted home to make that strategy work well for you near base.

And those rates certainly aren’t at reduced rates averaging $636 (in Cosby), $743, and $1,453 (extreme luxury 6 bedroom pool cabin) per night.

Had some extreme storms with a lot of rain come through this past weekend and had my tenant call me to let me know there was water in the basement.

I definitely do not want to do anything that isnt completely open and transparent...I'm a mental health therapist and my reputation as an honest person is extremely important to my therapy business.

How much time you need to gain appreciation depends on the asset, the sub market, and most importantly the investor choosing and managing the asset, and in the most extreme example your lifespan.Risk in real estate investing comes from two sources. the 1st and biggest contributor is investor error.

Anyone else getting bombarded with cold calls/texts wanting to buy your house right after you’ve bought it?

They are not going to step off the property and smoke in the cold.

I've decided to form my wholesaling business model mainly off cold calling.

@Shayleen Minott I’ve been extremely busy all day however I haven’t forgotten about you, so from my own research these are some of the list you should look for Probate leads,Inherited leadsTax delinquents leads,Eviction List, (docket off the wall)Pre-foreclosure VacantAbsentee ownersCode violations Identify any kind of distress Now being that thee lists have a lot of information, it’s best if you do something called “list stacking” YouTube it, however it’s basically going through the list and seeing if a person is on more than just one of those List mentioned above, If they are, it more likely for them to be and eager motivated seller..