hey everyone, this year I built an investment property and it ended up not going as planned and at the end of it all I’m probably going to break even or lose some money.

I'm planning on the Brrrr, buy and hold methods.

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

My plan when I became a realtor was to buy two doors per year for 10 years.

This final section reinforces the importance of agility and strategic planning in the face of market uncertainties.Conclusion: Wrapping up, we reiterate the significance of the current state of commercial property loans in the U.S. and the need for a strategic, informed approach.

Note: I bought my primary home in Georgia because the home next to my mom’s that I grew up in went for sale, so I plan to hold onto it longterm and put it in a trust with my mom’s house.

@Derek Tuohy I would suggest start working on getting a Bookkeeper on your team and use a software, if you plan to grow it will be easier and cheaper to get into a software now rather than later and have to learn with 20 units rather than learn with the 3 you have.I agree with @Jake Baker on his bare minimum suggestions.

or...are you planning on "helping them" (adding/transferring title into your name)?

Along with this, I plan to house hack my first year and accumulate rental properties as I continue to make money.

Do you plan on doing these improvements before anyone moves in?