Since you already know how to position properties to renters on Facebook Marketplace, you could apply that same creativity toward listing strategy and social buzz around flips.If you’re looking to get involved hands-on, you might consider:Partnering with a local flipper to help market one of their projects (great way to learn the numbers and process without taking all the risk).Sitting in on open houses and noting what questions buyers ask most often — it’ll give you insight into what features matter in your market.Starting small by networking with wholesalers and rehabbers in Denver so you can see what types of properties are moving and why.Flipping has a steep learning curve, but with your background in marketing, you’re already ahead in one of the toughest parts: getting eyes on the property when it’s ready to sell.Looking forward to seeing how you dive into this side of the business!

Also, when a non-veteran, non-spouse is joint on a VA loan, there are several nuances involved as well as a minimum downpayment of 12.5%.

Quote from @James McGovern: What I find misleading in these discussions are1. should pm be held responsible for choosing a bad tenant and any associated eviction expenses 2. what is a reasonable markup on top of whatever a contractor charges3. what reports should landlords receive on at least a monthly basis4. how frequently should a pm put eyes on the property 5. should a pm be held liable for vacanciesI'll play:)1) Only if:- They don't follow their own procedures- The owner doesn't pressure them about the length of vacancy, forcing bad decisions.- Also depends on if Class A, B, C or D property, which impacts probability of default no matter what PMC does.2) Negotiable, but most PMC's charge an hourly rate, which includes their markup.

Congratulations on getting involved Lindsay.While on vacation, I have a local friend or our cleaner on stand by for any emergency items.

Let's say you're eyeing an apartment building with a purchase price of $5 million.

This is a really exciting spot to be in and it sounds like you’ve put in a lot of thought already which is huge Most importantly since this involves family and money I’d suggest putting everything in writing and working through the numbers with a Maryland real estate attorney so it is fair and clear for both of you A joint venture or LLC with ownership percentages laid out can help avoid misunderstandings down the road Make sure you confirm rental licensing requirements and lead paint compliance if the home is older and definitely run cash flow projections before finalizing

You can save by finding a draftsman for changes, possibly avoiding an architect.We found that for one offs on non-custom homes it was just too expensive to involve an architect for full design.

Hey everyone —
We’re actively expanding our portfolio into student housing and building long-term buy-and-hold strategies around Tier-2 and SEC campus markets.
Target Criteria:

80+ units (purpose-built or conve...

Every visit isn’t just about cleaning; it’s also an opportunity to spot and report back problems before they spiral.Curious how others here handle it:Do you just focus on keeping things clean, or do you also expect someone to keep an eye out for damage/issues?

Quote from @Brady Ascheman: Hi everyone, when meeting with my CPA recently I was instructed by here that if you obtain "Real Estate Professional Status" as per the IRS rules then your rental income become "active" instead of "passive" income in the eyes of the IRS.