When it comes to the 203k, just make sure you have a contractor start date scheduled, and be sure to contact your consultant (if you have one and its not a 203k limited) to get the first draw scheduled. 

Quote from @Justin Kurtz: Hi BP, I just moved to the Abilene TX area and was wondering if anyone had any recommendation for a RE attorney in the area?

I am a voice of common sense and help them come up with the best way to manage STRs.

It’s great that you’re being proactive, especially as you scale up your real estate portfolio.You're right in noticing that higher W-2 income creates some barriers when it comes to offsetting taxes through real estate, especially due to passive activity loss limitations.

Testing itself costs $350+, and the follow-up testing costs another $300-$400.

I have gotten two very good clients that way.. this way I dont spend a dime on marketing they come to me :)

I would focus more on where the day to day dollar comes in rather than the money from the property.

Most of the savvy investors we're working with, even through we'll lend more that this, are coming in at 30% to 35% down.

In case you missed it, Detroit' Mayor Duggan announced that the value of houses in the city increased 23% in 2024.In the last 7 years, Detroit housing is up over 300%!

Some are spending hundreds—sometimes thousands—a month, draining their financial futureAs real estate investors, we know that wealth isn’t built by hoping for the next big win—it’s built by making calculated, smart moves.