Our decision was influenced by several factors that emerged during the vetting process.

(Bonus) Have at least 2 (two) local handypeople on call for regular maintenance and emergency calls.   

Here are some insights and advice to help you navigate your real estate journey.Fix-and-flip Points to Remember:Make sure you comprehend every aspect of the renovation process, including precisely predicting expenditures and adhering to deadlines.For the refurbishment process to go more smoothly, establish connections with reputable suppliers and contractors.Always keep an emergency money on hand in case something unforeseen comes up when renovating.Financing: Look into financing choices for prospective rental properties as well as fix-and-flip projects.

I sincerely appreciate your input and support.As we prioritize cash flow and equity as our primary goals, we understand the importance of strategic location selection to ensure optimal rental income.Considering our business objectives, it may be necessary to expedite our planned strategy to increase our capital expenditure and emergency fund, mitigating any potential risks in the coming year.

Ask for emergency contact info even if you have it on file already.   

I recommend one method of contact for emergencies and one for non-emergencies.

Recently, I joined a network of multifamily investors and we've been exploring emerging secondary and tertiary markets in states like Georgia, Texas, Oklahoma, and Idaho.

Exploring New Horizons; The Emergence of Tokenized Real EstateIn the realm of estate embracing innovation is the catalyst, for unlocking fresh opportunities.

I like getting a HELOC on a property while I am an owner occupant, and keep it as an emergency fund.  

It acts as an emergency fund In my opinion while it’s not deployed anywhere, and god for bid you have a large capex item go that you might not be 100% prepared for and you can resolve it immediately.