Sellers — if you’ve got an FHA or VA loan with a low balance, you might be sitting on a hidden goldmine.Success Story 1👇A client in Fallon, NV had started renovations—tore out the kitchen, bathroom, and flooring—then realized they couldn’t afford to finish.

For first-timers, I recommend:• one lender• interest-only payments• clear timelines• and a recorded lien so everyone’s protectedRun your numbers so the refinance wipes out your basis.

Before pouring a 4-inch concrete slab, he had the space piped for a bathroom and kitchen, just in case.

Navy Veteran turned full-time real estate professional, focused on helping clients and investors buy, sell, and build wealth through homes, land, and investment properties.I love connecting with other investors, agents, and builders who see real estate as a path to financial freedom.

My first rental started the same way with lots of research, lots of questions, and eventually just taking the leap.Florida could make sense if you want to stay close to the asset, but plenty of first timers also look toward the midwest because of the lower price points and steadier cash flow.

They're documented by the property manager in the same system used to track all operational work on your unit.The verification step that seals it:After you complete the work and check out with the property manager, they should physically inspect the unit to verify and document what was actually done.The ledger entry becomes:• 3/18: Owner - deep cleaning between guests - 4.5 hours - PM verified: bathrooms, kitchen, floors, linensThis adds independent confirmation.You didn't just claim you cleaned for 4.5 hours.

So after you buy the house, pay closing costs, and fix it up by changing the flooring, painting, adding the closet, and possibly painting the kitchen cabinets and vanities to give it an update, your all in amount is probably around $440,000 and it would probably value about $450,000.  

This business is hard, creds to anyone who can stick with it 1) You can't scale chaos - At the beginning, every single deal felt like my kitchen was on fire.

Your feedback is really shaping what I build next.Quick question - when you track renovation costs, do you prefer breaking it down by room (kitchen, bathroom, etc.) or by trade (plumbing, electrical, etc.)?

The apartments have small dinettes off the kitchen that can fit a 4-person table.