My journey in real estate has been driven by a passion for helping people achieve their property goals, whether it's finding the perfect home, making profitable investments, or connecting buyers and sellers for mutual success.I'm eager to network with fellow professionals who share the same enthusiasm for real estate and dedication to making a positive impact.

What real estate goals are you currently aiming to achieve?

I have invested to make the house nicer and added some amenities only to see achievable rents go down from last year.  

I also want to suggest other ways of getting the 1% rule in the South (which is still achievable), and set some expectations for this interesting market and economy that we all find ourselves in. 

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

This leaves a margin to cover holding costs, financing expenses, and still achieve a desirable profit.Here's the formula:Max Purchase Price = (ARV x 0.7) - Estimated Renovation CostsKeep in mind that this is a guideline and not a strict rule.

I've been using this for years to some extent, but this version is and will be multitudes better at helping me achieve my goals.

(BTW, that agreed on price should be the main data point in value).Even in a commercial appraisal, applying a cap rate to determine value, +- a quarter percent, which is a perfectly reasonable delta amount, will swing those values dramatically.Like BPOs, appraisals also use terrible comps many times, especially when they are doing so blind with no set sales price set to achieve.

Because that's exactly what the Fed has been turning the thumb screws to achieve. 

Is it still possible to achieve success in this current market condition?