I have partnered with individuals on fix and flips but my goal for 2025 is to buy my first LTR.

I prioritize appreciation, tax benefits (rental property expenses, depreciation), ability to use leverage, and passing on generational wealth with real estate. 

They tend to cost more to construct then they add in value, they are generally more valuable for a property you are holding as a way to generate more income.

I will kindly ask anyone if you have any questions please schedule a call with me and it will be a pleasure to help each of you individually. 

So my plan is to house hack for few months and then move out so that it can generate some cash flow..

We often need to ask the right questions to help determine the best route for each individual.

If you love property management and want to start a business keep looking into it.Otherwise keep buying income producing properties to generate wealth.

We have done it both ways where we fund purchase and they cover rehab but if the individual is less experienced we do not do it that way, we have them put more money into the deal from the start and fund the draws, reason why is we also had a deal where the person said they would do this and never did anything and property sat and loan matured and it was a pain.Just recognize you will still not get 100% financing for the purchase, so you are putting money in up front. 

I’m waiting to hear back from a city representative to see if it’s possible to divide the lot into multiple lots and put a mobile home on each lot.Once the land is paid off and divided, is it possible to use each lot as collateral for its individual mobile home? 

This is some of the most desirable and difficult to develop real estate in the country, owned and operated by many of the most powerful and affluent individuals and corporations on earth.