My name is Andres Padilla, and I specialize in buying real estate properties for short-term leasing, long-term leasing, and property flipping.

InflationRising Costs: Inflation drives up the cost of materials, labor, and property maintenance, potentially shrinking profit margins.

You just have to know how to analyze properties at a mass level. 

It all adds up.Good luck with your first rental property in Michigan!

They have utilized a number of financing approaches including: Minnesota Housing Finance Agency Tax Credits, Conventional, Grants through Duluth Economic Development Authority (DEDA), Duluth Housing & Redevelopment Authority (HRA) Assistance.Sharon Brown with Duluth's Life Safety office is a great resource as well when dealing with blighted properties.

I primarily deal with single-family homes for investors looking to short-term or long-term rent, while my husband has a property flipping business.

I also had some property I had to find different carriers for as well as having them remove the roof from coverage and other lame games.

Once the renovation was complete, I started searching for a property management company, as I don’t manage my own properties.

I just have 5 units and am doing other work to help pay the bills in addition to doing all the property management myself (upkeep, repairs, cleaning in between tenants, mowing, finding & interviewing tenants etc).   

Hi BiggerPockets Community,I'm a first-time real estate investor and currently exploring different markets to make my first multi-family property purchase.