I live in Sacramento, and have noticed that people are offering either equal or above asking price even for homes that sometimes need 80-100k in repairs and I can't see how they would even make a profit doing that.

Hi Bobby, I'm the ops manager for the Property Management Division at Milestone Premier Properties and a licensed realtor and investor.I actually live in Denton too butour brokerage is based in downtown Denison where I commute 2x a week.

Hey Bryant, that’s so funny I have lived in College Station for the past two years but just recently moved back home after graduation.

Use tools like the VA loan for house hacking and your Basic Allowance for Housing (BAH) to cover living costs while building equity.

If you live in Texas this is a great resource to see how much MF inventory is growing in your market https://trerc.tamu.edu/data/building-permits/

I sometimes wonder if people just feel lazy dumping their money into an index fund in the stock market and actually using all that free time to go out and live life.

Once you take over a property as an owner occupant, if it is a single family or condo you can live in it for 1 year and that automatically exempts your unit from rent control.

Anything to make living there a nuisance. 

I also require proof of savings of at least 2 months living expenses. 

After 45 + years as a real estate investor, broker, lender, fund manager and syndicator, I’ve become aware that the “dream” of many investors and investor “hopefuls” is to be able to generate enough cash flow to live off their real estate holdings and accumulate enough wealth to make “work” optional.