While buying one that’s up and running might seem a good idea - paying for speed - if you’re not quite ready, sometimes the best deal you make is the one you don’t make at all.

Auction buying is a risk just is..

That's a horrendous fallacy and a weak mindset to think that real estate agents are buying the best multis.

One thing you don't want to do is to buy based on proforma and have a negative cash flow property, especially on your first deal.

A lot of ultra aggressive investors who want to buy buy buy aren't buying so aggressively now like they have in years past.

I think having a balanced budget would be ideal where you allocate money into buying another property and money set aside for renovations.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

Our team buys the properties and converts them and manages them so it has been a great learning experience seeing all three phases from taking down a project, renovating the building then managing the lease up.

I'd be willing to bet buying an index fund would have a better return without any of the headaches.