I'm starting to inquire about some of these loans and I'm curious as to what's more powerful when placing offers on houses that are on the MLS.Is it better to have proof of funds or is it better to have a pre-qualification from a HML?

Annual Property Insur Premium: $1126Utilities (garbage, water, power)  $2892Management Fees                          $3120Repairs/Maint                                  $2590City Fees                                           $    55Prop Tax                                           $7700TOTAL ANNUAL EXP                    $17,483$125k down payment leaves $575k to finance @ 4.5% with a $2863 monthly pmt that DOES NOT include prop tax or insurance. 

You vest too much power in someone who doesn't have incentive to take care of properties as good as you.

Regardless, the BRRR approach is powerful!

Hello, I have a question about buying a property from a power of attorney for an elderly person. 

We just change the batteries every few months as a good practice to minimize a potential issue.

Demand does not always increase but in general, prices rise as demand increases and prices decrease as supply increases, and vice versa.Interest rates are actually one of the main drivers of price, as they have a direct impact on purchasing power.

You will have more negotiating power with a cash offer than an offer that includes a financing contingency.   

Something really powerful to do is talk to people who have already done what you wish to do.

I call it Control and Roll. sell one of your properties to raise cashput together a friendly joint venture - each member contributes some cash - 10 members at $5,000 should give you some buying power.