Most of the time I didn't have the capital or time to invest in these deals.

I've been a financial planner for 17+ years and one of the main things I've learned is that the more I think I know what's going on, the less I'm actually correct. 

Can we set up a time so we can talk?

I’ve also met Zach the CEO multiple times and he’s a very straight shooter.

@Ko Kashiwagi My understanding is that one can still execute the BRRRR strategy and successfully cash out, but due to high interest rates, the rent may not cover the mortgage.

IF you choose to invest out of state, don't pick a random market. pick one you have ties to or know well or can drive to or went to college in or hope to move to eventually or like to vacation in or where you have two handy uncles. 

Purchase price: $285,000 Cash invested: $4,000 Purchased in 2021, rented out part time in 2022 and 2023—full time short term rental since 2024.

The best strategy is to not quit your day job until you've built a portfolio big enough meet your income requirements.You have three potential paths.  1) Build an active investing business, something that takes time.

Where do you decide to place one ?

Quick question on those who have done seller financing:- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 90s for pennies- got good credit 800+, w2 job etc put 40% down and mortgage bank offered 6.62% 30yr fixed (CF negative as this would make current rent roll not too much compared to the PITI)- property is in ok condition, needs 20-30k repairs which seller OKd, and all 3 tenants are month to month, pay bit under market but also ok- seller would like to do seller financing, interest only at 5.75%, 30yr amortization at 7yr balloon (CF would be positive) - id be paying some principal as well, just to grow some equity- buying this deal for the future development of the area (las olas, kushner broward crossing) so not really worried even if we overpay for it now, but never done creative finance as i always relied on a strong W2 job to get good loans but obv im used to 3% 30yr rates from covid times not this 6+ environment..Goal is to hold the property 3-5yrs, and then actually develop it or sell half the land / refinance, pull out HELOC if it appreciates.Questions:1) What does he know that i dont?