Purchase price: $57,500 Cash invested: $100 Sale price: $90,000 Small vacant lot, overlooking I-40 on the westside of Nashville How did you find this deal and how did you negotiate it?

What were the biggest line items?

What specific websites will they advertise your vacant property on?

Properties are spending more time on the MLS, sellers are getting more motivated, and there are deals to be had if you know where to look.With fewer buyers in the market, we’re seeing sellers willing to negotiate on price, terms, and even offer incentives like covering closing costs or making repairs.

We put together multifamily deals locally, and also run a monthly meetup group.

., mortgage interest, taxes, repairs, depreciation) on Schedule E starting when the property is placed in service.

I have a deal that I am supposed to close on in 2 days. 

Hello @Benjamin Blunt,Great advice on here so far.

A great way to start is by learning how to analyze deals and exploring strategies like buy-and-hold or house hacking.

Hey man, congrats on the first deal!