Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.Don't buy in the roughest neighborhood in the urban core.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

I would like to pass on a little bit of useful information for anybody thinking of converting their permit over to owner-builder. 1 - You will not be able to sell the property for a minimum of 365 days from the date of issuing of the CO. 2 - The property must be for the owner's own use and occupancy and not for sale or lease which means you will not be able to rent it out. 3 - The owner-builder must ensure that all employees working on the project have the required licenses.4 - The owner-builder must provide worker's compensation as required by Florida law.5 - To apply for the owner builder permit, you must physical visit the building department.There are others requirements and conditions, however these are the main items.

A few posters have commented that data-driven pricing doesn’t work. 

I happened to be someone who experienced this first hand  selling close to 30 towards the beginning of my real estate investing career nd know quite a few peers who experienced the same sale process.There is no way the data you pulled accounts for concessions.

That data is very wrong most of the time.

Highest accuracy in the business as they actually update their data daily.

Just crunch the numbers and ensure the terms work for your deal.Hard money typically funds up to 90% of the purchase price and 100% of the rehab costs on a draw schedule.

we are using REsimpli for our CRM and they can pull data etc. its pretty much a one stop shop for running an investment firm/renovating/wholesaling.

The key is to secure financing options before finding a property, ensuring you have enough funds to move quickly when a great deal arises.