
8 July 2024 | 11 replies
It's just that you have to have 2 folks with the same goal and motivation level to get it done.

7 July 2024 | 4 replies
Subject to sales were a lot more popular when interest rates were 15% +( 1979-1983), there were no “due on sale” clauses, and few real estate transactions were occurring.However, there are still some benefits to the seller in particular situations if (1) the seller understands and accepts those risks and (2) certain safeguards are utilized to modify some of those risks.A few possible seller motivations for selling subject to1.

9 July 2024 | 28 replies
Might be more motivated to take a quick sale lower offer.

6 July 2024 | 8 replies
I believe that successfully navigating this initial investment will pave the way for future opportunities, whether in the same market or elsewhere.Living in New York City, I faced a challenging market ;)I chose Montgomery, Alabama.Here's my process:I compiled a list of states with favorable landlord laws.Using Brightinvestor, I identified cities within those states where the median home price falls below the national average ($420k).I excluded cities with negative income growth and rising unemployment rates.I focused on cities with strong appreciation rates over the past five years (over 10%).I compared price-to-rent ratios.I did break two rules: Montgomery has a slight decline in population, and its largest employers are an Air Force base and government agencies.One significant factor that influenced my decision was the promising price-to-rent ratio, suggesting potential for positive cash flow (though I remain cautious about appreciation).Regarding my acquisition strategy:I plan to employ the BRRR method with cash.

7 July 2024 | 89 replies
It's a simple and understandable number when speaking to anyone even those who aren't investors and you can call it "vanity", but others might feel it motivating in that seeing their successes simply like that and it might help encourage them to press forward even when things are difficult.

5 July 2024 | 0 replies
So, here at the 6 month check in, here are the things I've been doing since January 2024: *Anchored everything to my WHY, including the motivations and long-term strategy *Joined a local REI group hosted by my church*Researched tax lien investing in Harford County, MD and decided to not play in that space this year*Read a few REI books (Rich Dad Poor Dad, One Rental At A Time, Building Wealth One House at a Time, Wealth Without Cash, Building Real Estate Wealth in a Changing Market)*Subscribed to a bunch of good YouTube channels (BP, ORAAT, Ken McElroy, Coach Carson...)

5 July 2024 | 4 replies
.* Appraisers with lack of skill or motivation (due to their low fees received or charged) which deters them from doing the work required for an reliable valuation.* Residential properties (2-4 units) are mainly valued by sold comps and not with the income approach, since these properties are typically not purchased for their income potential exclusively.* adu/jadu's add contributory value to the property as a whole, which may or may not = the cost to build them.

5 July 2024 | 11 replies
We are looking to begin this process with the primary motivating factor of reducing our tax liability and then creating some generational wealth for our kids.

5 July 2024 | 4 replies
I think it really depends on what your motive is here with the early termination clause.

5 July 2024 | 1 reply
Motivated seller with all units occupied with tenants How did you find this deal and how did you negotiate it?