Not only was my market timing great, but I sold my less promising buildings and used the proceeds to pay down debt on my long term keeper properties, which have higher end tenants and are thus more stable and much easier to manage.

Doesn’t mean you can’t find a good deal, but from our quick search while we were there in May 2022, none of the places came close to meeting our criteria

@Roy Kinzer Rent control in NJ can be a tough pill to swallow and unfortunately has caused many of my deals to fall apart quickly once buyers/future landlords realize how strict the controls can be.

@Bob Dole Here’s a quick breakdown of cost segregation benefits in your scenario:1.

If they are professional, they can explain this quickly and easily.

A prudent investor doesn't seek quick riches through shortcuts.

It can get overwhelming really quickly.

Quick question, which Guru did you learn SubTo from? 

Often pretty quickly....see something online at 1pm and I'm meeting you there at 2pm to see if we can lock it up before someone else did. 

One bad tenant , one sewer line replacement and you will be wiping out any reserves quickly .