It doesn’t sound sexy or fun to track these things but it sure is fun watching the improvement/growth.

There are a lot of people on this site that may not post that much or at all, but see what you are posting and really connect on what you saw which is always a good example of you never know who is watching you.

I don't know about this cap rate projection, at least in CRe-Retail we project out a 10 basis point rise in cap rate for each year the property ages, so the Cap rate may be 5.5% assuming interest rates don't budge, (probably heading higher as US Govt has to deleverage its last 40yr debt run-up, like we did between '45 and '82, and we did again btwn 1899-1920, same 30-40 pattern going back to mid-1800s)I watched all their videos/podcasts/available webinars.

Watch the podcast episodes.

You can also watch this video that's pretty good motivation. https://youtu.be/jnARMZPHI58

I would watch it day and night.

Luckily, at this early stage, you don't necessarily need a mentor to learn a lot about REI.You can (and should) learn a lot about numerous REI niches by reading, watching videos, listening to podcasts, and learning as much as possible.

Hey @Jonathan Blanco, you’ll need to issue a Form 1099-MISC, but there’s a nuance to watch out for.

Start by studying successful flips, watching breakdowns of real deals, and learning basic renovation budgeting.

I’m based in Oxford, MS, and have been watching a property over in Water Valley that just had a pretty big price drop — it was listed at $110k and is now down to $79k.