She has little time because she currently has offers to sign leases pending for properties.

Adjusting the purchase price, budget, and offers can help you reach the break-even point.Many calculators overestimate cost assumptions or rental comps, which can be both beneficial and a hindrance.

It’s worth having a Plan B for unexpected shortfalls if you can, like setting aside reserves.From what I’ve seen, markets like San Diego, Chicago, or Austin also offer creative financing opportunities you can explore further.

I email our entire portfolio each year and offer to know what their goals are and how we can get them there.

We made an offer on it and the seller agreed to our terms.

For the few that understand this niche it can be extremely lucrative.Takes less money, less time and hassle, and there’s little competition.

Tons of seasoned members here to also help offer good advice as well as keep new investors from making mistakes.  

As I am considering my offer, I am trying to understand how much to budget for attorney, title/closing costs etc? 

After my beginning I started using my cash to make outright offers then financing back out of them later, usually 6-12 months down the road.

Gann, JD (“Rick”) is Managing Partner of 1031 Capital Solutions, serving the Pacific Northwest from the firm’s office in Lake Oswego. 1031 Capital Solutions’ mission is to provide tax-efficient strategies to real estate investors.The contents of this article constitute neither an offer to sell nor a solicitation of an offer to buy any security which can only be made by prospectus.