Planning for a full renovation from the start is a smart move because it gives you a more realistic view of your budget and timeline, and it allows you to aim for the highest ARV without cutting corners.As you move forward with this flip, make sure to track all your renovation costs closely, since it will help you with more accurate estimates on future deals.

Building a solid team is a smart priority, as real estate investing is much more efficient when you have a trusted group of professionals→ agents, contractors, lenders, who understand your goals and the local market.Your plan to own four long-term rentals in the next four years is both realistic and attainable, especially with the type of property you're targeting.

I had a lot of guidance :) Well at least you were smart enough to listen!

We have a few properties and consider ourselves pretty smart and proactive and we've had enough issues with guests.  

Working with a reliable contractor was another smart move, making the rehab more manageable.Even though the profit wasn’t what you hoped for considering the time investment, you’ve gained valuable experience.

Since it’s a unique property and comps are hard to find, the third-party appraisal will be important in understanding the potential equity growth.Cash Flow During Repairs:Starting to collect rent on the 2/1 ($1,650) within 45 days is a smart move, as it gives you immediate income to offset some of your costs.

I spoke to the manager or whatever he is of Northpoint and he confirmed I was correct and the new manager was incorrect on the dates.When they decided to move out I didn’t know they moved out until I noticed that my smart thermostat in the home was offline and AEP told me there was a disconnect scheduled.

This is a very smart idea as it is the number one searched filter on Airbnb.

You're absolutely right, creativity is essential to make deals work in this environment, and building from the ground up, especially in high-demand areas like Raleigh, can be a great solution.Your current project sounds like a smart move, particularly with the zoning for a duplex and ADUs.

Smart sellers will eventually offer better comp because they know they will get more showings since buyers can note on the buyer agency agreement that they don't want to see homes that don't offer compensation for their agent.Take the ruling as a time to adjust your business model to less spray and pray (work with anyone) and more tailored clientele with a concierge feel.