Spend time searching for an hiring an experienced contractor who regularly works with investors and has deep networks and influence within the city permit-issuing departmentsGood luck with your first or next multifamily deal, and we hope this article helped you out in some way! 

Sounds like you got some substantial appreciation over the past few years.

We will probably see a good amout of forebearance deals go bad, but over 80% of them have a substantial amount of equity and can easily sell the property before having to face forclosure, which neither banks nor borrowers want.

I always take the time to talk to each of these leads or attempt to contact them in some way.My question is:  A lot of times we hear David and Brandon talk about providing value to someone, especially when networking or reaching out to agents, contractors, influencers and so on. 

@Lindsey Vargas  Be careful about using just arrest records, especially when they did not result in convictions.Here's some excerpts from HUD/Fair Housing guidance that came out a few years ago:"A housing provider with a policy or practice of excluding individuals because of one or more prior arrests (without any conviction) cannot satisfy its burden of showing that such policy or practice is necessary to achieve a substantial, legitimate, nondiscriminatory interest."

I am not willing to do do out-of-state REI until I am more comfortable with doing it locally.My short-term REI goal is to bring home an additional $2,000 net income per month to supplement my W2 income, and long-term my goal is to generate substantially more than that :) Excited to be part of this community and learn from all of you! 

Do those reviews influence you at all or do you think they are just bogus anyway? 

The market with influence the price and cap rate but the fact remains that we are in a historic real estate market in most areas and the demand for investment properties is absolutely exploding.

That might influence things.

I am looking to buy a property in the West Palm Beach area, and just read this on the Palm Beach County Property Appraiser website:"*Buyers take note: Taxes will change and often increase substantially when a property sells.