Sweat equity is like gold.

Make sure you are buying the property right, the rehab is not going to be gold teeth in a dead horse (or granite counters in a war zone) and you stay below 70% of the ARV when all is said and done.If you do those things, you should be fine, especially with an experience partner.Best of luckStephanie

They are dishonest to a fault and in the beginning you will think they will treat you like gold.

My post just offered more of a, as the saying goes, "Don't Dig For Gold, Sell the Shovel" kind of option that no one else put forth.

I'm from the Brisbane/Gold Coast area, but most of the resorts are in Queensland (north eastern state of Australia), the real estate market will depress you, no deals like you can get out here.Although there are crazy rental returns to be had in mining towns, I was just reading about a 3/2 SFR getting $8,000 a month, fly in fly out workers, constantly rented by the mining company.

That market is a sitting gold mine.

Hello Cara, Welcome to this gold mine of a website.

good agents are worth their weight in gold but can also read through investor BS very quickly.good luck and if I can help more just PM me.....Peter

Sounds great, Im looking to do the same thing i think the city is a gold mine for all of the millennial looking for a cheaper version of dc.

Nice job, my 2 cents - a 5 year tenant that treats the place well is worth their weight in gold I would consider all the unknowns with a new tenant or costs and time associated with finding a new tenant and see how close you can get to your desired rental price with your existing tenant.