Sellers and agents often inflate prices based on potential income, but like you said, you want to base your investment on what's actually being produced right now.

However, most new investors make a much lower return and could be upside-down for a long time.Cashing out equity to invest presented much less risk when mortgage rates were 3% and properties were producing better returns.For a green investor, borrowing money so you can borrow money is high-risk.

It's big enough that I could also add camping/RV/tiny home STR options in different areas (20+ acres with a lake and a pool).

I am happy to produce this new recording with Ashley Kehr and Tony Robinson on the Real Estate Rookie podcast!

Because the best agents in the business (and the smartest buyers and sellers) know their value.Don't let yourself be negotiated into tiny commissions because you feel you have no other options.

Nothing wrong with it and I know for many, it is a great income producer.

When investing you are purchasing a business and should only be paying what it is worth for the income it produces.

So if you are chicken little like me most of my investments outside of RE is in Gold, with a tiny % in BTC (< 1%).

An activity is a personal service activity if it involves the performance of personal services in the fields of health (including veterinary services), law, engineering, architecture, accounting, actuarial science, performing arts, consulting, or any other trade or business in which capital isn’t a material income-producing factor.7.

The original mortgage was 144,000 and I heard that the junior mortgage falls off [it was a tiny 32K].