Starting out in real estate can feel overwhelming, but breaking it into clear steps makes it manageable.

And I feel the most limited sympathy for it.

How did you add value to the deal?

Coffered ceilings, low corner additions etc.Anyone can slap lipstick on a pig, looking for high value add in high demand markets is where the $ is.

So if you are doing an addition, you are only contributing to the structure portion of value, not the land value.

To make the strategy successful, you need to find a property that can be acquired below market value.

I don’t care if you steal a property, high quality tenants will never sacrifice on being safe and feeling safe.  

It’s important to do your due diligence on the specific properties and local market conditions to ensure they meet your investment goals.If you'd like more information on how to finance these types of properties feel free to DM me.

Despite the guru fed “misinformation” about all these under market price deals, they are actually very rare and require (1) the investor recognizing value that the seller and the rest of the market misses or (2) a seller with a need for an immediate sale and a buyer with the CASH immediately available to conclude a very quick closing usually forgoing inspections, financing, and other contingencies. 

From a pricing perspective it rents are now 1/2 of what they were that could have a big impact on the value of the property.