At the end of the day, if your goal is to maximize your returns and minimize your risk, then don't be "blinded" by the comfort of having your properties close to where I live.

WI.The PM has failed in their responsibility on many levels: 1) our contract states that the PM will notify me and receive approval for all repairs unless it is an emergency service for tenant (e.g. furnace); he hired a plumber to fix a minor problem after I told him I'd stop by the house and check it out (I just happened to be in town on other business and was available). 2) failed to do a proper move-in/move-out and I've lost about $ 600-800 worth of property (drapes, blinds - lots of little things - most expensive a dehumidifier) when the tenants moved out.

I chose Fort Worth because I have family in the area which I believe should give me an upper hand when compared to a completely blind out of state investor.  

Don't stare yourself blind at whether this is a stellar deal from a pure investment standpoint.  

Hello all,

My agent recently brought me an off market deal for a 6 unit apartment house. My agent is telling me we need to make an offer on the property before we can get in to look at it...is this typical and or exc...

Im a phoenix agent and investor whos been asked this as well.People that are pricing their current str's or underwriting new str's based on 2020-2022 performance are leading themselves blind.

The trust is blind to all who see it.

A lot of these auction buyers are buying blind, then realize they have a tear down on their hands.

I could probably wake up tomorrow and this would change :), so don't quote me on this, but i think the one thing i can mention in this area is this: When you're trying to do a loan mod, don't be blinded with the money coming in (i.e. don't get greedy), you might get a good deal on the front end, go celebrate for a couple of months, until you wake up and realize that this deal did not match the home owner's situation and he/she is in default again.I always try to make the homeowner put a price they are comfortable with and i try my best to knock-off 10-20% of that monthly PMT to show goodwill and show that i'm trying to keep their homes by allowing them to make their payments on time. 

BUT... if you are starting out "blind", with minimal knowledge, go to Amazon and pick up " Real Estate Investing for Dummies" by Eric Tyson and Robert Griswold.