Flippers — what’s been your biggest challenge lately: acquisition, rehab costs, or holding timelines?
A lot of investors I speak to are using bridge loans to move quickly on properties that need work.

I do think having a sufficient emergency fund is vital before investing in anything (stocks, real estate, retirement accounts, etc).

I give tenants 90 days advance notice and ask them to respond within 30 days so they have sufficient time to think about it. i.e. if they want to continue then sign the lease or if they want to leave then give a 60 day vacate notice.

If you could go back to your first deal, what’s one thing you’d tell yourself about the funding process?

I’m curious — for those investing in multiple markets, do you usually look for local lenders or are you comfortable working with out-of-state funding partners?

(Like a bank statement in the buyer's name showing the required funds.)

So between 2012-14 we averaged selling around 360 properties a year to hedge funds.  

Be careful not to get over-extended as it’s unwise to buy property without sufficient capital reserves to CYA if something expensive comes up. 4.

Currently a property manager and lots of renters would like to buy in the next few years. Saving money is hard, they’re looking to apply to grants that can help them with down payment assistance and a healthy path to ...

I’d appreciate sharing experiences, deal terms, funding sources, and strategies.