If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Building trust can lead to better negotiations and more opportunities in the long run.Managing seller relationships is about clear communication.

I do know the last mass communication was 9/16 and that Marco promised communication every 2 weeks.

I highly encourage all my tenants to keep open communication with me about any struggles to pay rent, and generally they do.

We consistently produce over $70k in net income and I distribute this to support my family.Long-Distance REI: I am looking to invest in long-distance cash-flowing SFH in growing C-Class neighborhoods.

Once you have a consistent amount of income from your business for 2 years where you can afford to buy a primary, then I would look into house hacking.

This will cut down significantly on the issues you may have down the road with communication, paying rent on time, caring for property, etc. 

Knowing the seller consisted of family members who inherited the property this year and had never actually seen it I offered $56k the same day it hit the market, cash, and close in 2 weeks.

It wasn’t how I wanted to kick things off, but I worked with a contractor to get the bathroom fixed and functional.Once that was behind me, I focused on improving the building and maximizing income:I installed a shared washer and dryer for the tenants, a major upgrade that added convenience and increased the property’s value.I rented out the two garage parking spaces, bringing in consistent revenue.I also raised rents for the second- and third-floor tenants I inherited to be just below market-rate.