., inspection fees) are considered part of your investment activities and can be deducted as a capital loss in the year they were incurred.

A free property is great... but if you find a deal good enough to BRRR (which can prove challenging) take that profit and invest it into a revenue generating activity.

For beginners, focus on markets with lower entry costs, high investor activity, and steady demand—like parts of the Midwest or the Southeast.

We also have an alumni friend who is a few years older than us who is actively investing in real estate in our market.

Whereas the cap rate on active listings are 5, 6 range.

Still stay active in BP though because there is a lot of wisdom in this group. 

Stay active, keep learning, and get advice from people or pros you trust.Good luck!

🏡 We saw the number of active listings at 8,875 houses still on market to end the month, vs. 10,934 at the end of October (see chart above).

It has been somewhat stressful coordinating activities and coming up with the best plan, but I went ahead and contracted with a PA.

These allow you to:1.Force Appreciation: Actively increase the property’s value through strategic renovations.2.Leverage Equity: Either refinance or flip the property to build more liquidity for your next deal.If you’re interested in chatting more about strategy or need guidance, feel free to shoot me a DM.