Sometimes they still made money too.The method of coming to an owner with an offer like this does show that you're trying to work for them (Probably doing more than realtor aunt Sally, realtor uncle Barry, or realtor brother Gary.

You can get a new job, get a promotion, and learn a new trade.

These properties are typically bought by individuals or families who prioritize location, size, and condition, making the comparable sales method more reliable.Income potential still matters, and calculating the NOI can help you ensure the property cash flows well if you plan to rent it out.

Plus, you get the added benefit of appreciating property values in promising areas.It's always great to connect with fellow investors who appreciate the value of tried-and-true methods.

However, I have almost no trade skill knowledge so I'm looking at demo, cleanup, yard work, etc. type of jobs. 

-We have debt pay down, as our tenants progress through the mortgage-We have tax benefits that enable us to trade up or simply claim deductions.What refinancing does for YOU is allows you to catch those profit centers.  

There are trade-offs for each city, so you need to better define your goals.

When the World Trade Center was crashed into, the owner collected double on the insurance policy but then had to give half of it back.  

I have not done a 1031 exchange, but my understanding is that often times people do that to "trade up" to a larger (or bigger) asset.

I’m seeking advice on how to fund properties typically priced at $66K or below, as well as properties around $100K or under.I’ve been looking into the BRRR method and Section 8 as potential strategies.