Then I write on the receipt and note in my books who I took out to eat and why.This is exactly the formula and method I use to do mine.

Thanks, Dominic.

I've looked at virtually all the SDIRA transactions(*2) in our county from the largest SDIRA player.

What @Brian Gibbons said...SLO's and sub-2's are fine, but you need to know the market and have the players in place such as ...contractorsattorney/eviction peoplepayment processingmortgage peoplecredit improvement specialistand...knowledge of the market area/market rent and market values.

I think rents will edge up a bit over the next year.Like you said, Phil, our market could go either way depending on the bigger players.

I have come to the conclusion that this is a waste of time searching for deals on the open market, and that before you get into the multifamily business, you need to get educated to become credible, start a relationship building business with the players in the area, and a start a marketing business that directly reaches out to the owners of these properties - to break bread with them and share your goals.  

Build a network of team players that can facilitate your deals.

Tons of big players there including B2R, First Key, Colony Capital, LandSmith, Realtytrac, Moody's, and a if and flip company that did 2300 flips last year.

Marriage is definitely a team sport, but each player has to realize they do not have to play in an identical way to be a good team.Having a good deal happen can help.

My hometown player Kroger might swoop up Safeway before the bidding period ends.http://nreionline.com/blog/analysts-encourage-kroger-bid-safeway