@Chris Mahoo many new investors don't take the time to properly understand RE investing.1) Many are using approaches from 2010-2018 when Class A property prices were so low from the Great RE Crash that an investor could cashflow and get pretty easy Class A tenants to manage.2) If you look at what investors were doing before 2008-2010, most were buying Class B & C rentals.To make it worth while, an investor either needs to Fix & Flip or invest & hold rentals for 10+ years.- Over a 10 year period cashflow will increase as rents increase (rents typically rise faster than property taxes, insurance, etc.)- The property should be appreciating, if purchased in a good location, increasing the owner's equity/wealth.- Rents will be paying the mortgage off, increasing the owner's equity/wealth.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.

THEN I contact the agent and ask for concessions if I feel the needed repairs or costs go excessively above and beyond the price I’ve already negotiated.

She sent me a letter from Commercial Property Advisors, Peter Harris, which stated she had approval for funds sufficient to cover the purchase price and below it listed a Wells Fargo business account showing funds in excess of the purchase price.

there is some very good sales tactics though to bring one to move forward that is for sure..

Purchase price: $275,000 Second investment property purchased in 2021.

Unless they are offering much more cash than you can get on the flip (After lowering the price), it doesn't make sense to take the risk and sell sub-to because most of these loans are not assumable and you will take on the risk of "due on sales clause"

Also with the hurricane Helene aftermath I wanted to get your insight or opinions about this past year and what to expect going forward.

🚀Looking forward to connecting with you all!

Looking forward to connecting and learning from this community! 

Purchase price: $360,000 We bought this stacked duplex, lived in one unit for 2 years and moved on.