Gifts from friends or family can help if you’re short on cash.Also, as Patrick mentioned, don’t rely on the Zestimate — do your own due diligence to get a realistic ARV and rehab budget.

On the other end are sponsors who rely heavily on internet fame/social media influence or alternatively guru-driven co-GP models where newly educated "Syndicators" serve as capital raisers.

Pull the actual comps the appraiser used.Don’t rely on hearsay.

Things happen, and you'll learn real quick you can't always rely on your local maintenance person to handle.Southern Florida, just like anywhere, has good and bad places/cities/neighborhoods to invest in (and at the same time, you can often find a great opportunity in a "bad" place, or a terrible opportunity in a "great" place).Partnering with someone more experienced can be a big boost, especially for your first deal. 

Because it means you could qualify to use your rental losses — from depreciation, upgrades, or cost segregation — to offset your other active income, even W-2 income in some cases.That one distinction can mean thousands in tax savings.So before you set up your next listing, take a moment to make sure you’re classifying your property correctly and tracking your hours.A few minutes of good tax planning can easily beat weeks of chasing higher nightly rates.Curious — do you track your Airbnb hours or just rely on your CPA to handle it at tax time?

It feels good to know we have people we can rely on and ask questions!

chatgpt generated and they never reply to any comments. they also post to generic BP site not the specific note investing site Thanks Chris.

I cannot speak to how the brokerage allocates dues internally and am only relaying what was communicated to me directly by those associations.Agents considering this brokerage:Request written confirmation and copies of all submitted invoices immediately after submission, rather than relying solely on the internal system.

Quote from @Jonathan Greene: The site always has odd glitches.

The information contained in this post is not to be relied upon.