There is a lot you need to know to be a successful investor and landlord and while nothing beats doing it -  as the best way to learn - you really need to have a good understanding of the fundamentals and the ins and outs.

Much continued success!

And I wish you all continuous success in the Real Estate business. 

When tenants aren’t able to achieve long-term success, they’re more likely to move out in search of a more favorable location. 

So you’d be ok coming out of pocket another $130k and paying $780k for this property if the builders fail to perform?

I want a successful, long-term operator. 

Striking the right balance between enforcement and maintaining an inclusive, education-focused community will be crucial to its success.

The new property has to perform enough better than what you have to pay the higher interest rate on the higher balance, AND ADDITIONAL profit just to payback the $65k you lost selling.

Obviously, the rules will differ from state to state.The most successful buyers have trusted bidders with cashier’s checks in multiple denominations (for cash sales) and the actual buyers have field runners and people to monitor multiple prospective properties at a given time and check sales status for postponements due to BK, etc.This is the case in larger metro markets where many properties could go to sale but few do so.There are often better ways to acquire properties then auctions.

To assist us, we refined our pitch deck and performed some scenario analysis with our financial models.