When evaluating a private lender, I’d suggest asking about: • Experience with flips and BRRRR strategies • Rehab funding and draw process • Closing timelines • Transparency on rates, points, and fees •  Whether they lend in your specific marketAs for where to find them—networking platforms like here in BiggerPockets, or local REIA meetups, and referrals from other active investors are usually the best starting points.

Originally posted by Jon Klaus:To soup up your kid's progress, have them set up a Roth IRA as soon as they have earned income.To add to this, if you have young kids, generate some income for them.

Yes, your agent can request an extension, but extensions aren’t guaranteed and they can weaken your negotiating leverage.I would suggest a 30-day contingency period to give yourself room for inspections, contractor walkthroughs, a full evaluation of both units, and enough time for the lender to approve the rehab package without rushing.

., exterior/landscaping while interior demo proceeds).Use a Gantt chart (even a simple spreadsheet) to track trade start/finish, dependencies, and buffers.Daily control15-minute stand-up with GC or project lead each morning (photos + punch list).Two inspections/week: one quality, one progress vs. schedule.Keep critical spares on hand (breakers, valves, GFCIs, common trim, extra boxes of flooring).Tech + templatesSimple tools (Google Drive + shared photo folders, or apps like Buildertrend/Jobber) for scope sheets, punch lists, and photo proof.Use QR codes in rooms linking to the finish schedule for fewer “what goes here?”

20 Questions to Ask When Vetting a Property Management Company: Processes13 Questions to Ask to a PMC: Communication and Documentation24 Questions to Ask When Evaluating a Property Management Contract 

. - If your numbers are off or you missed something, you will have a bid to support any offer adjustment - or walk away from the purchase.Over time, as you get more experience, your pre-evaluations will get better.You may also want to Google tasks to find out how many man-hours they take.

Operators typically contribute the management, pricing, setup, and systems; investors bring cash and sometimes credit.The biggest pitfalls are unclear roles, no agreed exit plan, and differences in expectations around maintenance, upgrades, or reinvesting vs. distributing cash flow.If you ever want to walk through example structures, I’m happy to share how we evaluate and partner with operators in our co-investing club.

Give yourself a 12‑week sprint: analyze 10 deals a week, attend one meetup, and post a weekly progress update to build accountability and attract mentors.

They may even spend a couple of hours with you on a Saturday (but NOT Sunday) to tour a few properties - preferrably one or two undergoing a decent amount of RentReady repairs or rehab.Make it clear to anyone you hire that you expect VIDEO updates of rehab progress!

On the ops side, analyze 10 deals a week, make 2–3 offers, and post a weekly progress update to attract mentors.