I am hoping the cash flow will match their numbers in first year (fingers crossed) and all the "other expenses" will start from 2nd year onwards.

A BP fan favorite and a great way to snowball overtime. 4️⃣ Invest in Syndications or Private Lending:If you’re not ready to own property yourself, you can passively invest in syndications or become a private lender on fix-and-flip projects.

Once a tenant is in and they sign a year lease, there’s not too much to worry about aside from the occasional fix here and there.

Looking to see if anyone has a basic template of an operating agreement for a business partnership of two parties involved in the fix and flipping business?

Everyone that has more than 1 or 2 properties should have some kind of basic spreadsheet that demonstrates how much that property is bringing in after all your fixed costs are accounted for, at a minimum - PITI, lawn care, HOA fees, etc.

- The HOA’s apparent lack of urgency to fix the roof.

I’m part of a real estate company specializing in cosmetic fix-and-flip projects, and we’re focusing on the San Antonio and Austin markets.

Partnering with the right investment Realtor can be a game changer—they’ll help fill in the gaps, give market insight, and bring you deals that best match your strategy.

The only thing about it is that the property hasn’t been very well taken care of, so we know there’s a lot of work to do to fix it.

As a lot of real estate investors already know (and newbies may have heard), some tenants are very hard on rental properties. 
One of the biggest challenges is keeping the bathroom as carefree as possible. We all kno...