All these properties were purchased for under 100k (not possible now, we got lucky with the downswing of the market at that time).

Recently, our real estate agent did a market analysis and estimates we can sell for between $575K-$585K, resulting in a net gain after all of our fees of about $100K.

I was sent an offering memo by a broker selling a multi-family building in an area no reasonable person would even consider affordable housing material yet the marketing materials made a point of emphasis to detail how the property would satisfy the need for affordable housing.

Unless you are sourcing properties yourself off-market, REI became much more challenging in 2023, and downright brutal since the start of 2024 here.   

You could put most of your funds in the stock market and access them when needed for a HML.

So they used the actual rented data of these companies to compare what rentals should go for in your market.

Instead of following trends, tailor your space to the lifestyle of your target market.

Core values and faith-based messaging can be powerful, but they often get co-opted as a marketing tool to build trust.To tie it all together, many of these programs introduce a group or community.

My last deal was my first off market deal and when I contacted the sellers wife about the deposits she said that that was a given as part of a multi family sale and they’d write me a check at the closing as I requested because money was tight and I didn’t want a credit where I’d have to come up with the funds out of pocket later.

They offer weekly training sessions on everything from investing and construction to vendor management, cash management, market analysis, and home underwriting.