Make sure they’re a true lender (not a broker), request a clear term information with no surprise fees, confirm they regularly work with first-time flippers, and ask how their draw process functions.

Combined with them not abiding by their lease when it comes to evictions and their poor communication, you have a 3 strike PM.Were you aware of the difficulties in the Memphis market when you invested.  

If I had to choose, I’d lean toward appreciation and long-term stability over maximum cash flow, but ideally I’d find a combination of both.For lifestyle reasons, I’d love to be as close to Scottsdale as possible.

Strong retail buyer pool, faster DOM, and cleaner comps                                                                            Buy Box (Beginner Friendly                            1965–1985 builds                                   Mostly cosmetic rehab           No cast iron plumbing                                        Minimal foundation movement                                                 Roof/HVAC functional or newerThis combo helps keep surprises (and margins) under control.• Rehab Budget: Newer flippers succeed most often with $25–$45K cosmetic scopes.

It does not to the listings and some other functionality you mentioned, but I don't know of other great software for banking paired with accounting and one and free-to-tenants rent collection.

At this price point, functional/financial vacancy tends to run high, so underwriting conservatively is smart.

Based inSan Diego, building a focused fourplex portfolio in Indianapolis.Investment Criteria:Target: 6-7 fourplexes by 2030Capital: $120K initial + $3Kmonthly contributionsStrategy: BRRRR with professionalteams (not doing work myself)Target neighborhoods: NearEastside, Martindale-Brightwood, Twin AirePurchase range: $180K-$220K with $50K-$65K renovation budgetsWhy Indianapolis: After analyzing 15+markets, Indianapolis offers the optimal combination of:Strong fundamentals (job growth,median income $71K)Abundant fourplex inventory atreasonable entry pointsLandlord-friendly regulationsSustainable cash flow with appreciation potentialSeeking Professional Relationships: 1.

For the majority of these older multis, 12% is the number I see most often, because it accounts for systems that are still functional but clearly nearing the end of their useful life.

This signifies that these carriers are willing to take on policies that are lower priced and therefore implies that the risk for these companies must be going down.Yesterday, I received an email from Tower Hill Insurance, a long-time provider of insurance in Florida that stated"The combination of the favorable weather and the reduced litigation costs provides us the opportunity to lower rates for our members.

Great combination of cash flow as well as appreciation.