Utilizing Seth's local market expertise, we quickly assessed the property's potential.

Background and Expertise.

This collaboration highlights the importance of strong partnerships and local expertise in identifying and securing profitable real estate deals.

Thank you in advance for all of your expertise and help as I try to learn!

Real estate is often a long-term game, and while there may be challenges along the way, the rewards can be substantial.

In my state, owning an LLC is quite expensive (800/year), so the risk/reward calculation is a little more skewed, but still generally makes sense for larger MFR deals.The debate really heats up if you're talking about residential class (1-4 units) as there are material advantages to owning under your personal name.

Long-term goals could involve building a diverse portfolio, achieving financial independence, or even transitioning into real estate full-time.Ultimately, the journey in real estate investing is both challenging and rewarding.

Without the out of state pressure those values I think would have rarely climbed out of the 2 to 3 % rule as that is all a in the know investor will pay for the risk/reward of the current condition of those areas.. most all of the commercial has closed  so its really just schools and homes..

Having said that, I have interacted with Chris Seveney on many occasions and have found him to be an upstanding guy who is very generous with this time, knowledge, and expertise.  

Leveraging Ernest's local market expertise, we quickly assessed the property's potential.