Good day all I am in the process of building my core 4 and looking to implement the BRRRR strategy in Baltimore.

I am also open to a cap, but until we see a need for one, we aren't going to implement one.3.

#1 thing you need for REI success no matter what niche you do...You need to have a system in place that gives you reliably on demand like clockwork motivated seller leads ready to sell yesterday at a discount.For this you need a website, and you need to be credible...like so:Anything else sorts itself out.Then when you DO get leads like that, you need to hire, scale and implement your own systems.Once you get leads like I do, things go fast.

If you are starting out you might want to do outbound marketing (cold calling and sms) and later on, you could start implementing inbound marketing (PPC, PPL, Radio) which is more expensive but you get a faster conversion. 

highlight_post=4669221&page=2#p4669221Some other things they have implemented are the largest property tax increase in the last decade which was use to fund affordable housing in the Twin Cities.

Also, I think ALE may even pay the 3 months in full in advance if pushed.I also implement my own short-term lease with guests that stay an extended time

Hopefully this article answers some of the questions you may have.Why did the IRS implement this pause?

The course potentially would have saved us $50 - 100k on our purchase if we had done things in the "right" order and properly implemented all of the due diligence.

The application and underwriting process is also less stringent compared to traditional lending sources.If you’re looking to understand the differences between hard money and private money more in depth and want to pursue one of these strategies, you can check out the article I wrote here which goes into more detail on the differences between the two:https://www.biggerpockets.com/forums/67/topics/1142068-the-investors-guide-to-private-loans-vs-hard-money-loansAs I grew my toolkit and did more deals, I used creative financing.

This year our goal is to start implementing at least 4 new marketing channels - 1 per quarter and have a higher volume and more consistent deal flow.One of the challenges of participating on a discussion forum like this is that you have to take everything with a grain of salt.