Housing Market ConditionsMedian Sale Price: $395k• YoY Price Growth: 8.7%• 5-Year Price Growth: 50%Housing Inventory: Less than 7,000- low (Below pre-pandemic levels)Property Tax Rate: 0.42Average Insurance: $1,680Median Rent: $1,895 (single-family house)• YoY Rent Growth: 1%• 5-Year Rent Growth: ???

Purchase price: $120,000 Cash invested: $25,000Our latest Flip, this was a pre- foreclosure lead.

Everyone that bought pre 2020 will have great equity growth and success. 

What you are describing is a fully thought out partnership or pre-arranged circumstance.

This year, I’m looking to really get the ball rolling with a lot more volume.

Pre 2023 clients were overextended, stressed, and did not want to invest back into the house as they were busy living off the cashflow.Also as a broker, the same is true for my current buyers. 

thanks - the above average properties will be seen and snapped up ...if interested in buying another property - get  pre approved so you can be prepared  to make an offer if a good property becomes avaiable - good luck 

Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.

A client can also close on a new property in less than 45 days so no long closing or pre construction risk. 1031 exchanges are easy to fulfill with our model. 

This makes investing directly in RE difficult, clearly not impossible but harder to get things rolling.