Play the long game and build relationships with people without asking for their business.

Weekends brings in people visiting family or going to a foot ball game and week nights is mostly contractors or other blue collar groups needing a place for the week that is nice but cheaper than a hotel.

Long-Term PerspectiveBe Patient: Real estate investing is often a long-term game.

The reforms in 2022 were a game changer.

** If you’ve engaged in rent-to-own or lease option transactions, what tips do you have for making sure it’s a beneficial arrangement?

One of the side benefits is that the tenants now have skin in the game so to speak, and my gas bills have gone down a bit.What kind of heating system do you have in your property?

My advisor suggested that at my stage of the game, 8 properties, it likely made more sense to keep the extra money available or in the business to use as emergency funds or to accumulate for another down payment.

It often feels like a constant game of cat and mouse with phone carriers.

I know this is a super competitive space and like @Joshua Granberg said, the new zoning changes in western Washington in recent years has been a game changer for these types of units.

The appreciation and principal paydown gained over the years was well worth the shell game I played by under rehabbing the houses for rent to keep under that 70% ltv mark and still offering enough to take them down.