You don't need to be larger than life, driving flashy cars, or using your looks to make a sale.

My opinion and belief about it is if you don't have the intelligence or drive to figure it out on your own then it is probably not something you should get involved with.

Then, the Santarelli marketing team continued Dressbarn online and devised a campaign to drive traffic to the site (37:30).

Sellers continue to drive the Valdosta market even during this higher rate environment.

Then I get out and walk/drive around.  

In Phoenix, where I’m based, or in markets like San Antonio, the best realtors do more than just list properties.. they go “driving for dollars” to find oppurtunity, leverage their local networks (probate attorneys, CPAs, divorce attorneys) and carefully analyze each property’s cash flow.

And the cost of legal defense , even if successful, will drive the company out of business.   

How many weekends do you want to drive up north to find, purchase, setup and maintain an STR?

If appreciation is not there, however, it seems like a potentially long waiting game to see if your $60k investment today returns anything meaningful in the long run. 

Since it’s a new build, I was able to negotiate some great perks, like a 5.875% interest rate, no closing costs, a fridge, blinds, and even a backyard firepit.Pros:Good school districtLow interest rateMinimal CapEx and repairs (because it’s a new build)Low insuranceHigh-quality tenants (due to the school district and being a new build)Cons:Lots of new builds in the area, which could drive down prices and increase vacanciesThe Numbers:Price: $290KInterest Rate: 5.875%Down Payment: 25%Monthly Mortgage + Insurance + Taxes + HOA: $1,480 (I got really low insurance since it’s a new build and Alabama’s property taxes are low)Property Management: 10%Rent: $1,800 (this is under market because I wanted to rent it quickly—most units in the area were sitting vacant for 100+ days.