To guide potential investors effectively, I've created a five-step guide that outlines the main purposes of investment in real estate.Step 1: Identifying GoalsThe first step is to help investors identify their goals clearly.

Toledo's got potential, but I’d be cautious with those sub-50K fixer uppers if you're looking to BRRRR.

Pros of new construction: potentially higher rents, lower initial maintenance/capex (so more consistent cash flow).

Please advise If your potential renters are going to smoke cigarettes, you might want to consider getting a burn resistant material. 

I’ve been spending more time recently building out long-term relationships—with lenders, agents, and potential capital partners—as I work toward scaling my multifamily portfolio.One thing I’m really focused on is finding the right fit with partners, especially in a market where deals are tighter, timelines are longer, and execution actually matters.I’d love to hear from others here:🔹 How are you vetting potential partners in today’s market?

Quote from @Matt Powers: Hi BP Community,I’m currently working on analyzing a few potential investment opportunities and I’m looking for a solid underwriting template or pro forma model—ideally something built in Excel—for either multifamily or single-family rentals (SFRs).I’d love a model that includes standard inputs like rent, expenses, vacancy, debt service, and ideally also IRR, cash-on-cash, and cap rate outputs.

So, when I first decided on multifamily properties I figured I'd be making bank and pay a PMC to do the heavy lifting concerning maintenance, resident calls, and vetting potential resident to rent to.

It's part of my personality to function systematically, observing both sides of the coin, and come to a consensus knowing the potential outcomes with it's risks.

@David Pulido We’re seeing continued STR demand in Frisco and Little Elm, especially with all the corporate and sports traffic nearby.If you’re serious about finding properties with strong short-term rental potential, reach out to @Joe Funari.

This can potentially let you offset income with deductions and may help you qualify for tax breaks like those under real estate professional status — but check with a tax pro, as it depends on your hours and other income sources.LLCs & tax strategy:Setting up a cleaning or property management LLC could help you properly expense cleaning and maintenance as a separate business.