The knowledge you gain from Books will help you have a meaningful conversation when networking.

We extracted as much of their market knowledge as possible (neighborhoods, zoning, land use opportunities, buyers, sellers, etc.) while getting a feel for the market from our perspective.We eventually chose Raleigh-Durham as our launch MSA.

It's easier to memorize the Starbucks menu or the NFL rosters.Section 179 basics- can deduct 100% of the cost in the 1st year- applies to 3-yr, 5-yr, 7-yr and 10-yr assets and "qualified improvement property" (a separate post would be needed to explain)- cannot create a net loss- minimum 50% business use required- other limits and restrictions applyBonus depreciation basics, as of today (mid-2023)- 100% of the cost in 2022, 80% in 2023, 60% in 2024, and so on until 0% in 2027- applies to assets with up to 20-yr life- can create a net lossBoth methods have their pros and cons, and choosing between them, as well as generally optimizing depreciation, is a job for an experienced accountant.Cost segregationWhat cost segregation accomplishes is extracting faster-depreciation property (as in 5-yr, 7-yr and 15-yr) out of slow-depreciation real property.

DMM doesn't work, cold calling doesn't work, text blasting doesn't work, because the list you have mainly doesn't include motivated sellers.There does not exist a method where ANYONE can "extract" motivated sellers from the general public.

I think you'll likely see many more letters demanding title transfers back to the mortgagor, but at this point, I doubt there will be any meaningful number of actual foreclosures on performing notes until interest rates are high enough to make it worth the lender's while.

Maybe even just semi-retire to only do extractions, implants, and frenuloplasties.

The second you use the phrase "above-average lifestyle" you're trawling for takers with a below-average IQ.Why do we never define REI success in any sort of terms that are meaningful to people of any substance and intelligence?

You will need to be proactive and take initiative in order to stand out and have a more meaningful impact.

If you do, you can extract value via a refi, place tenant in that would pay for the loan and put some money in you pocket. 

My PM told me they will report to collections but said if I were to pursue a legal action they can support in providing any docs to attorney .I did some online search and found that even if judgement came in my favor it would be hard to extract any money as I am responsible for money collection and not the court.