I'm eager to understand the ins and outs of finding deals, negotiating with sellers, and building a network of cash buyers.I’m here to learn, ask questions, and share my journey as I work toward my first successful wholesale deal.

All up, I don't think it really compares to the US market in this regard though....I'm thinking of the 'Success Story Spotlight' from today (May 4th), where someone bought a triplex with good rental returns for 14K!!

The BRRR strategy is much easier than ground up new construction with much less expertise needed for success. 

Hey Bigger Pockets community, I'm just starting out in Step 1 (get educated) on what I want to become a successful career in real estate investment.I also currently run an e-commerce business that is currently completely online, but would benefit from having a brick & mortar storefront, and I had an idea that maybe using the investment capital I'm looking to allocate into real estate into a commercial property my business can operate out of until I decide to sell the property in or rent it out to another business.I am obviously very naive when it comes to the complexity of any good real estate deal (especially commercial VS residential), but I'm hoping to spend as much time learning from everyone here who is on their journey as well.My main concern with the idea of buying commercial to operate my business out of it that I might struggle to rent it out afterwards and that there may likely be depreciation in the commercial real estate market over the next 5 years.I understand there is a lot of nuance depending on the local market but I'm guessing commercial is even less of a "safe" bet than finding a solid residential deal to leverage in some way.

If you find the right property, you’ll likely position yourself for long-term success, even if there’s a brief vacancy period to navigate.

My mentors (both successful investors) swear by building strong relationships often saying  "It's all about who you know,".

Conclusion: A well-thought-out contract is the blueprint for renovation success.

The successful brokers in this space often have analysists who are researching the market for listings, prospective clients etc.

Thank you for bringing up this topic and sharing your success, it helps reinforce my decision to not convert now.

In fact, during my short stint as an aspiring BRRRR investor, I successfully secured a pre-approval for a private money loan based on my net worth.Now that I’ve shifted to land investing, I’m wondering: Do private or hard money lenders exist specifically for land flips?