I found a great agent to work with when I was just getting started with this method.

When talking to sellers, it's important to make sure your method fits their needs.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

(Fortunately, we were insured)Emergency Fund: Always have extra cash for unexpected events.Tenant Support: Keep good communication and support your tenants through tough times.Final ThoughtsThis July 4th was a disaster, but it’s also a stark reminder of the unpredictable nature of real estate investing.

This method, known as seller financing, can be executed in several ways.

Our team uses Appfolio as our primary rent collection method; which is also great since overall Appfolio is a great property management software with TONS of other tools and faucets that keep everything running smoothly. 

I understand the capital region, the Adirondack region, and Western New York (Rochester and Buffalo) have their strengths and weaknesses, but I'm going to focus on this central part of the state.Binghamton is my favorite investment market for a few reasons, but it's not for everyone.STRENGTHS-  low prices-  blue collar overall, meaning lots of resources for contractors-  growing university, consistently growing rents-  I expect to see an actual 10% cap rate here, higher if the property needs work-  compared to downstate, permitting, evictions, etc. are simple and quick-  no code compliance inspections required on existing multifamiliesWEAKNESSES-  no. natural. appreciation.

I'll definitely do some research into this method! 

Natural disasters, higher construction costs, and a competitive insurance market are driving these increases.Review your current policy to ensure you’re properly covered without overpaying for unnecessary coverages.

I imagine we will see less and less of these subject-to transactions in the coming future as this method has been popularized by some famous proponents...As far as finding these deals, a sub-to transaction would most likely be found by trolling foreclosures and finding off-market deals like a wholesaler.