The average rate on a 30-year mortgage slipped slightly to 6.76% from 6.85% last week, according to mortgage buyer Freddie Mac.The number of homes actively for sale grew 27.5% compared to last year, the 16th straight month of growth.Newly-listed homes increased 4.2% year-over-year.The median price of homes for sale in February fell 0.8% to $412,000.Realtor.com also reports a growing number of listings with price reductions, with 16.8% of sellers cutting prices in the month of February.How long before we hit equilibrium? 

Where are you acquiring your first multi-family?

Purchase price: $74,000 Cash invested: $25,000 Sale price: $145,000 I acquired a property from a couple needing to relocate, with significant repairs required.

Assuming the leases clearly state a security deposit amount, the seller knows that the tenant will be wanting a refund when the lease ends (after closing) so should be an easy reminder that you need those funds credited to you at closing from them to refund to the tenant when needed.If the seller spent the tenants deposit, at least the credit to you at closing comes out of the sales proceeds (seller just nets that much less at closing) and assuming they have sufficient equity should not be a big deal.  

When I say education, I mean real education (not formal or higher education) but more like hands on business experience, sales, marketing, or agriculture as you mentioned. 

Developers who position themselves now can capitalize on the early-stage land appreciation and control supply for the coming years.Johnstown: A Data-Driven Market AnalysisLand Price & Availability:Johnstown land prices: Average below $100,000 per acre.Availability: 15 to 50-acre plots are common, unlike New Albany’s scarcity.Target purchase: Institutional-scale developers seek $1M-$5M land acquisitions for subdivision planning.Comparable markets: Similar suburban expansions have seen 3-5x land value growth post-infrastructure improvements.New Construction Market:Average new build price: $458,000 (Johnstown 2024).Lot acquisition targets: 10-15% of home sale price.New construction inventory: 13 homes sold in the past year, signaling early-stage demand.Infrastructure Considerations:Water & Sewer Expansion: A critical factor in large-scale horizontal development.Utility availability: Developers must conduct due diligence on rezoning and service expansion.The Johnstown Horizontal Development FundThe best approach to maximizing land gains in Columbus is to structure a horizontal equity development fund, focused on acquiring and entitling land for large-scale residential development.Fund Strategy:Land Aggregation: Acquiring 15-50 acre tracts in Johnstown for future subdivision.Infrastructure Planning: Working with municipalities for water and sewer expansion.Entitlement & Rezoning: Increasing land value pre-development.Sell to Builders: Deliver finished lots to national and regional homebuilders.This strategy mirrors successful suburban expansion models seen in cities like Phoenix, Austin, and Raleigh, where early land investors have generated 5x-10x returns.Why Now?

Is there any investor here purchased through BUCKS COUNTY SHREIFF SALE, it's my first time attneded this auction, after done title research on property at prothonotary office found that sheriff office didn't serve all lienholders in Notice.

That's why the new law about defendants ability to request an Excess Proceeds sale is leading me to question whether it's still worth bidding on tax liens secured by livable homes in Arizona.I will know the answer to that question by the end of 2027.150 liens on good properties (the other 9 or so were mistakes due to lack of due diligence) have already turned into 46 in just a year.

@Wynn Williams You could buy it subject to the existing mortgage, but I'm hearing about those due-on-sale clauses being exercised often now.I would structure it as a lease with an option to buy.

Now I want to be an investor myself, so working at a firm with its niche market in working with Investors to help them get their property is a perfect way to continue my work on my skills in sales and marketing while also building a circle with people who I want to be in the future!