Considering there are eight days left in the year (less considering the holidays) there isn't much that can be done in terms of developing and implementing new strategies.Starting a new business venture is not a tax deductible expense.

@John Anderson, I am assuming you mean multifamily development, since you mention low housing stock.While I generally agree, there are still a lot of risks that come with development, that are not present on acquiring deals: namely turn around time to cash flow (acquiring existing and implementing a value-add business plan could start creating cash flow faster).  

If you wanted to implement some sort of idea like this.

Pairing your outreach with some automation that you set up in advance (email drip campaigns or mailers to current property owners for example) are also good things to implement that can streamline your outreach.  

But, I wouldn't let the price point deter you too much - in this rate environment there are deals to be made and there are strategies you can implement with your agent to get a permanent or temporary lower rate.

Congrats it is a great business model to implement. 

I would love to know if this strategy works and if it's worth implementing for my situation.Thanks.

Hello,I was wondering as towns begin to implement permits for short term rentals are Airbnb and Vrbo requiring a copy?

It is always a good idea to implement good habits right from the start. 

@Mandi Martinez there’s a stipulated damaged clause that you can include in your contract saying the price will be reduced by $x for every day that the job goes over.This is super easy to implement in the next job of you include a bonus for the contractor if the job is completed before the end of contract.