One would think that a bidder would pay $45,000 in my example (since they are assuming the first mortgage), but they are actually bidding $225,000.

Also, I'd encourage you to think long term. 20-30 years from now, it won't matter if you bought your first property now or 3 years from now.'

How do you think the new administration will affect our sector?

I think I'm in a pretty unique situation and am trying to figure out the right hoops to jump through to move forward.Long story short, I'm trying to tap into the equity of the rental property passed down from my grandparents that is held in an S-corp which is co-owned by myself, my siblings, our cousins, and an idiot uncle.

I think it makes most sense to create a buyer's list, and then move to contacting prospecting sellers.

Ps — I think I prefer SFH value add vs Multifamily house hack.

Bought it as a safe bet thinking it would do roughly $35k annually in short term rents.

Gettysburg, PA in (Nov, I think) 2021 changed rules for STRs.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

I’d simply ask in what situations where the broker and the brokers firm did nothing to facilitate the sale do you think you should get paid a commission?