For a seller, you don’t have an open house three weekends in a row, where you can’t be home and have to clean all your stuff only to have the deal fall through because of a buyer who wanted to get a new ATV while they were under contract and the local Polaris dealer ran a hard hit on their credit and screwed up the mortgage underwriting process [that’s 100% a made up situation and hasn’t happened to me… oh wait].

We hit a lot of obstacles along the way and almost doubled our original rehab budget.

Hit the phones and see what they have to offer.

Condo fees can significantly increase the costs and if the complex is poorly managed, you can be hit by additional levies.

I think there is still some lower demographics to factor in - for you are not going to target locally - hit it up on Airnbn and the more offbeat and like you were saying destination based is the key.

Cash is king.thank you and I understand what you're saying, but this is my situation. this is my third lender, and i'm sick of having my credit hit by hard inquiries. we need a place to live before i start working in stl right before christmas. this got me a closing three weeks before christmas. ive already got the HELOC, its drawn about $14,000. if you know a bank that would lend me $200K on $42k base pay W2 and close by 12/2, id be happy to talk to them. i'm just wondering if its better to use my HELOC for a bigger down payment to make my loan smaller, or not, as far as making monthly payments goes.

You have to remember Brandon has been in the game for years and has developed systems, processes and team members to help him hit those numbers consistently.

Sounds like you hit a home run.

So basically as long as I hit these metrics and my next investment return is net higher than the 2.75% on the loan, I cashflow a couple hundred per door, and I stay in my CoC goal range it’s a win? 

I plan on hitting this list every week for at least the next 6 months.I am looking for any advice, tips, and recommendations for what has worked and not worked when getting into cold calling on your own.