My wife and I were gifted a .25 acre lot to build on in Lehigh Acres by her parents with the idea to build a duplex as we have no interest in living there.

Before building out this offering I wanted to ask the community.

I don't have anymore Ca properties but the Santa Clara Farmer's office underwrites an apartment building in coastal wa.

In Franklinton there are plenty of large projects going on that will bring massive growth to the west side of Columbus, such as the Peninsula Development, which is a multiphase project that will erect a 24 story apartment complex featuring a grocery store, a multi use office space building, and a new hotel featuring a two-story Pins Mechanical venue.

Building a rental portfolio How did you find this deal and how did you negotiate it?

When things needed fixed that was outside of my scope, I learned to work with sub contractors.

I deal with development opportunities where I can and synergies between local businesses.Then I have my operations manager who handles most of the day-to-day management of the properties, and they manage some of our contractors and managers.Our model is a little different than large parks because we have regional managers that cover multiple communities vs a single one.The pain point right now is mainly having consistently qualified contractors and filling vacant spaces as quickly as we can.

Make sure the space meets local building codes and safety standards.Market Research: Research rental prices in your area to determine how much you can charge for the basement apartment.

I can learn how to put in meter bases and multiple circuit boxes in my building and learn how to do it, for a $500 consultation fee plus parts.

The Epic Pro Academy talks about the followingContract AssignmentsWholesalingFix and FlipBuy and HoldLease OptionsOwner FinancingSubject-toPresenting multiple offers to sellers called a 3 option letter of intentLead Generation (in my opinion a little old school but works)Advertising (My personal stance is don't create a huge buyers list but build close relationships with 3-5 and go shopping for them (buyer first).)AutomationIf even one person was able to have success following the course then it works.