Real estate wholesaling can be a smart way to get into real estate without a lot of money up front, but there are some important legal rules you need to understand.

Staying local and doing a house hack strategy tends to be smart move.

I’d love to start small and smart, but I’m also feeling overwhelmed with how to choose the right market from afar.Has anyone been in a similar position?

Just trying to build smart and learn from those who’ve been there.Thanks!

It accounts for construction costs, land acquisition, financing, and all the complexities of bringing a project to life.In short:Cap rate is about what the asset is worth to the next buyer.Yield on Cost is about whether it’s worth building today.Why the Spread Is the Key to Smart DevelopmentOur underwriting hinges on the spread between Yield on Cost and the market’s anticipated exit cap rate.

Be smart and do your homework finding a property that will work with your personal situation. 

But there are smart ways to structure this and track costs properly depending on your long-term goals.

Please just click on the magnifying glass in the upper corner.

I won't tell you what to do but - What I have seen in many of these situations is people have rose colored glasses on what it costs to complete and the time it takes and would have been better off selling immediately over continuing the bleeding. if I knew what my losses were I would accept them vs trying to fight through too many unknowns especially managing from afar 

So I’m trying to be smart, line things up right, and hopefully connect with some folks who’ve been through it.A few questions I’ve been thinking on:If you started locally vs out-of-state, how did you make that call?