Partner into larger multifamily deals by owning a clear operational role.

Specifically:- Estimating cash flow- Evaluating long-term appreciation potential- Understanding neighborhood demographics- Estimating renovation costsI’m working on a tool where:- You paste a Zillow link.The system uses AI to:- Analyze cash flow potential via Rentometer rents- Predict appreciation based on historical trends- Break down local demographic dataGoal: Automate the time-consuming parts of deal analysis and help investors screen properties faster. 

Because the Property Class dictates the Class of the tenant pool that the property will attract.The Tenant Class greatly impacts rental income stability and property maintenance/damage by tenants.Both Property Class and Tenant Class will affect what type of contractors, handymen and property management companies you should target and be willing to deal with a property.The Property Class will also impact the maintenance & renovations you do to, “Maintain to the Neighborhood”.Why is that important?

I’ve personally seen a multi-family commercial flip through my co-investing club, and it highlighted how larger commercial deals can be structured collaboratively while mitigating some of the hands-on management that comes with residential rehabs.

I've bought a small property so I already have some experience, but I'm interested in learning the search, analysis, funding, renovation and selling/refinancing processes for larger properties.

Since you no longer live in Wisconsin, you may face state income tax considerations both in your new state of residence and Wisconsin, especially if you generate rental income or take deductions on the Wisconsin property.You could also explore passive investing with partners in larger properties to grow without managing everything yourself and these don't have to be local.

If you invest it in another $160k asset with 25% down, then repeat the process in a couple of years, it can be a solid way to end up with a larger portfolio. 

Hi Ryan, I am not sure how urgent moving your family to a larger home is. 

The unit is fully renovated, featuring brand-new appliances, including a new water heater.I want to know if these types of figures for a small condo unit are normal or I should walk away.

You can calculate (ballpark) from the number of showings how much your price is off based on larger data sets.