But Mendenhall told Woods that the company has had to retool its approach to acquisitions since then in response to pandemic-era freezes on sheriff’s sales.

I have taken a Dave Ramsey approach to my personal finances so have a pretty low nut.

I’ll be sure to get the survey over to you shortly.I completely agree—it’s always best to approach a deal with a clear offer in hand and come to the table with something rather than nothing.Some people have advised against tying up a wholesale deal first and then scrambling to find the right buyer.

So now I'm in a position where I can approach investing/landlording as a full time job if I want and try managing my properties myself, which is something I'd like to learn.

We not only lost our hard-earned money but on top of everything, our health suffered, I had several sleepless nights due to the stress and anxiety that this horrible experience created for my wife and me.After the buy-back was completed, I approached Maverick to at least help us with our losses by requesting us to give back ~$6000.

Choose a multifamily or single-family investment approach, consider low cash flow priority, and monitor interest rates and seasonal timing.

I have a more educated wallet and that makes me feel real good.Whether you’re a seasoned investor or just starting out, these lessons could change the way someone approaches their next deal.

I also notice that @Gregory Schwartz mentioned Huntsville in particular—I definitely think that it’s a strong market for long-term appreciation.As for your concerns about investing out of state, I think an investment strategy that is as close to passive as possible would be best.A do-it-yourself approach—where you acquire a property, place a tenant, interview a bunch of property managers, and handle maintenance yourself—is going to be pretty tough to do remotely.

I suspect this will increase as the people who lost homes do not want to live in hotels and, as the high season approaches, the hotels will be less inclined to provide reduced rates to the fire victims.I hope no one from out of state decides to move to San Diego until this housing situation is stabilized.i wish all the fire victims the best and success finding replacement housing.  

While this approach often delivers the highest returns, it does require a significant investment of time and effort.If your time is limited, consider turnkey providers.