The First Time #shorts

#CapCut When you take someone to tour a home, especially a fixer upper for the first time. You can never predict what you'll find in distressed properties except for places to add value and profits. If the profit margin is good, research what other flippers or homes that were rehabilitated and rented out have done in the area for inspiration.

A real estate agent, realtor can help you understand what prices are in the area and help you estimate cap rate and set expectations for cash on cash return. I am a buyers agent who works with investors in Virginia, most of them are either first time investors or have 1 or 2 properties. They invest within Virginia and out of state.

It's also possible to make more by investing abroad if you understand the market, taxes, and real estate laws. You don't need to be a big business to start investing in real estate and you can use a 1031 or DSCR loan to help secure financing without over leveraging your investment risk tolerance.

Visit HomesOnThePeninsula.com to book a free consultation with me and talk about your investment goals.

I'm happy to send you deals on the market and off the market if you want to invest in single family, multifamily, or commercial property (I can connect you with someone).

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Did you miss our previous article...
https://trendinginrealestate.com/where-to-buy/this-lender-is-giving-cash-to-homebuyers-to-buy-real-estate