NETWORK!!!

Finding it through your Facebook sphere shows the power of networking, and keeping the rehab cosmetic was a smart way to minimize risk and maximize profit.One thought: Have you factored in holding costs, loan interest, and potential market fluctuations during the 45 days?

@Drew Sygit my strategy for now is to spend the next 6 months or so learning everything I can about real estate markets, properties, underwriting, financing, landlords, property management, construction, legal, insurance, and anything else that comes across my radar, all the while trying to make connections and build relationships within each of these areas to build a network and gain the confidence to sell lenders and investors on the very best deals I can come up with.

There are no speakers or presentations allowed, just networking.

Also if you'd like to connect and network with me or work with me my dms are always open!)

@Adam RossRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

DeAnn is on the Board of Directors of National Able Network, a not-for-profit which seeks to help veterans, and other workers in meaningful employment.

Some investors buy land in cash or with short-term financing, then refinance it later when they’re ready to build.Lastly, don’t underestimate the power of networking.

They become advocates, eager to refer others to join our network.

If you’re looking to invest in your backyard, it helps to network with as many locals in the industry as you can.