Also, I assume a 10% property management fee in my calculations and based on initial conversations.

You will have long conversations with leads, answering all their questions and be ghosted.

Do not buy for appreciation in class C neighborhoodsAfter many conversations with successful investors and my own experience, successful investors focus on the following:1.

That’s the impression I got based on our conversation.

I had already had a great phone conversation with Bob Dreher and am on their investor list.

Learned how to manage conversations and creative financing.

I am happy to make the intro to have an exploratory conversation.  

We see it all the time with the conversations on what cars/vehicles folks drive :) here in BP there is a badge of honor to drive a 20 year old 250k mile car/truck :) Myself I saw my dad do some of this although he never got to the utra wealthy stage by a long shot but made good money in RE however it was not until he bought old style timeshare in Maui that he would finally take a vacation..

Scaling up is a big leap, but breaking it down into small, actionable steps—like building a deal pipeline or starting conversations with potential investors—can help keep the process manageable.I’m based in the PNW (Seattle), so if there’s anything I can do to help or if you’d like to collaborate on deals in Washington, feel free to reach out.

In addition, since the rule changes, it seems like many agents are delaying the whole conversation until the very last minute when the buyer has little or no opportunity to object, research, or think about what they are agreeing to, without risking losing the home they just decided to offer on.