Hard to find deals that make sense.

[Neil Butterfield]

So, I am in the Colorado Springs area, is anyone else finding it  very hard to locate deals that make sense nowadays? With the high interest rates and house prices it seems almost impossible to find deals that cash flow. Is this the same in other markets?

[James Carlson]

Haha, woah, I can't tell you what K is or k-g is. And I'm not sure, as others have said, that there are deals to be had out there. Or maybe there are deals, but you're going ro spend 6 months to a year trying to find it. 

I believe in KISS -- Keep It Simple Stupid. Biggest problem most people have, in my humble opinion is not having too little information but rather thinking they always need more info. Buy something. Not something stupid. But buy something that fits with the comps, that you can break even pretty well or that you can get creative with -- I'm talking STR/Airbnb or rent-by-the-room, etc -- and get started.

mqybe an unpopular opinion here, but ibdont care as much about cash flow. The biggest factor in real estate is not "buying right." It's time in market. Buy in a strong market. Hold for 15 years. You'll be good. If you can get creative in the interim to make some cash flow, then that's gravy. If you can get a good deal, then great. But don't overthink it.

My two cents.