- Strike 1Me - "Uhh you didn't run any numbers before putting an offer?"

For a typical 3/2, it is $1.3m today .... with 20% and renting $4000, you are looking at $2000 cash negative a month....Now, 10 years ago when I bought in Sf, I was negative $1000 a month with rate at 8%.... once I refinanced, I broke even..... today, with rates at 4%, I don't know how to break even.... everWith price so inflated, I am not sure anything is worth buying today....I guess I will wait until rate at 6% or more, and that 3/2 going for $1.1..... then I will strike again

Meanwhile, if any company called a worker in on the spot, on their day off, those same family members would be bemoaning the injustice, organizing a strike and demanding 3x pay.Love it.

That's why I believe nicheing in a specific asset class and market is so criticial to scaling, it takes much less time to see opportunity and strike! 

So you need to strike a balance, with some “cushion” to protect against normal friction.

I personally don't like sending them postcards because you come across as insensitive which is one strike against you before you ever get started.Sharon

I'm willing to pay that money out if I know it means I can go skiing when the mood strikes me.

Buying properties at auction can be a scary and frustrating venture, but every now and then you strike gold.

Also, to your point, strike while the iron is hot.

There would be a two-strikes-and-out policy for violations, and the maximum number of people in an STR was set at 12 and there must be one parking spot per bedroom." per William Joy of WFAA Just wondering how this will affect current STR investors in Dallas.