@Matt HendersonRally it’s whatever you want - if it’s low dollar then I would recommend dumping into the stock market or an account that get a you 5% +If you keep it liquid then you can pull it out later for another assetWe typically reinvest it in varying asset classes to keep our portfolio as diverse as possible

Buying any other class of investment real estate is fine.  3.

You can do a few ways: Follow these brokers on Facebook and find out if they're holding seminars or classes on REO purchasing and attend these classes - get to know them.

As someone who has been working with investors for quite some time now some advice I would give you is to learn the lingo & things to learn1% rule75% ARVHow to calculate ARVHow to run rental compsHere is a fantastic website I use for all of my in state and out of state investors.Use this rating and classification system I have created over time to get an idea of the "Class" for the area - A class B class & so onhttps://www.areavibes.com/Here is my rating & classification for each livability score. 80 and above A+78/79 A76/77 A-74/75 B+72/73 B70/71 B-68/69 C+66/67 C64/65 C-60/63 D59 and below F

A Broker Associate means that they have passed the brokers class and test nothing more.

@Ken Chen under $50k => either Class C or D properties, neither of which we recommend be DIY managed remotely.Pontiac & the City of Detroit have properties that will meet these requirements, but are you ready for the corresponding challenges of dealing with low-income tenants?

Lots of headwinds facing real estate, like the following: Inflation Consumer Debt Lack of consumer liquidity-- renters don’t have first and last month’s rent, let alone a down payment to buyOwners interest-rate lockedOversupply of class A multifamilyStagnation of rent growth on assets aggressively underwritten at acquisition Maturation of term debt combined with stagnant rent growth against a backdrop of rising debt rates =investors unable to meet basic debt coverage service ratios on refinance Market normalization forcing operators and investors to rely on market fundamentals (recently) forsaken, while prioritizing expediency of deploying capitalInstitutional and local investors are both frozen by volatility and cost of capital and debtAll that being said, we feel good about B and C class assets we focus on and the markets we are in. let's connect soon 

One owner is looking to exit to middle to high sevens on yield on cost.Cap exits are high 5’s, low 6’s for some Class A product.Turnover cost projections should escalate: $500 first year, $850 second year, $1000 third year.Consolidation and density of BFR assets can be an issue for insurance companies.

Hi Grant, some things that might be helpful to learn more about the firm/team:- If/why they target a certain asset class- Have there been any problems with liquidity in past deals?

Having more fun than I had by far at his age and not as focused as I was (probably the difference between upper middle class and lower middle/lower class).