If you are consistent with learning real estate over the next 4-6 months, you’ll be ready to purchase your first (or next) property in NO TIME!

I am an agent and I work with investors throughout Middle TN to help them find off-market properties to fix & flip/fix & hold.

Network: Local meetups or online groups (like BiggerPockets)Check out financing options: traditional, creative, or raise capital.Look at properties in your area to understand the market.Let's connect!

How bad an idea is building for your first investment property? 

Good morning,Still a newbie but I've found a four in my area that is "For Sale By Owner" that my initial underwriting, from the info I can find, shows it to be a property that would fit my CoC and CF criteria.

This is very important though: Every person staying at the resort must be added to your room reservation or they will not be allowed to enter the property, including kids! 

Building relationships and learning from others can help avoid costly mistakes and ensure the property will cash flow or break even in worst-case scenarios.Good luck!

In contrast, hard money lending usually comes from specialized lending firms or investors and focuses on the property's value rather than the borrower's creditworthiness, often featuring higher interest rates and shorter loan terms.

The owner is a good friend of ours and agreed to do a deal with us if we helped him rehab the property.

However, I'm starting to worry about managing these properties once I relocate.While cash flow is likely to break even or be slightly positive, paying 8-10% for a property manager would significantly eat into my margins.