I feel that the potential is their if its in food retail or solid tenants not offices.

Headline (total) inflation for the past month was negative, -0.1%.Core inflation (total inflation minus food and energy) was up only 0.065%, so it gets rounded to 0.1% increase.

I thought that the course materials were very sloppily prepared, with little detail given on how to do transactions.

Maximize your W2 earnings, get a 2nd job, swallow your pride and live at home (if that's an option), don't spend a dime on anything if it is not food, housing, or transportation, and pile up money. 

This is more of a financial advice question in order to prepare for the next deal.

Real estate investing has its ups and downs, but nothing could have prepared me for my rental property catching fire on the 4th of July.

Hi everyone, thank you everyone for the pointers and the food for thought!

As for value, a similar property down the street sold in the mid $800's in Q4 of 2023.Closed in December on a 6-plex in Berkeley with an in place 9 CAP, with 3rd party property management in place.I am in contract on a 4-plex in the Adams point area of Oakland, within walking distance to Whole Foods.

Also, a heads up that a typical loan assumption will take 60 - 90 days on average, so be prepared for a long closing period.In our current market we have seen home values decline since 2020/2021/2022 so there may be some motivated sellers out there who need to sell but their loan is now greater than or equal to the value of their home. 

How much should we allocate to demo such a structure and prepare it for development so that it's attractive to developers?