This community is full of valuable advice and connections to help you hit the ground running.

Hurricane Helene prevented us from hitting $200k revenue this year since the interstate got shut down for major repairs and tourism traffic suffered this last couple of months which are always the best months.

The international airport already hit over a million passengers this year, and the projection is 4 million passengers by 2030.

What do we do when BTC hits $10,000?   

They will usually let it run through three or four times on the auction set without hitting the reserve and the formula for reduction, which is similar for REO on the market, is reduction of ten percent every thirty days until it sells.

@Nathan Gesner My justification for taking the risk is that I have a solid W2 job so I can afford to take a hit for a couple of months for vacancies and maintenance.

The GFC unfortunately hit all of us lenders pretty hard and I had a concentration in Jackson and ATL and Memphis so I had to move to Jackson for a year to clean up my portfolio I thought I was going to be there for maybe a few weeks but that turned out to be a year and I got very fortunate I was able to rent the developers house at Reunion .

The real estate closest to campus was previously the most marketable real estate for  students  who wanted live off campus, but now many are living in different neighborhoods (Center City, Fairmount, Manayunk, Fishtown/Northern Liberties).

They may get paid on the 3rd and need to not initiate a payment until their paycheck hits their account to avoid being overdrawn.I personally have a 5 day grace period and rent is considered paid when the transfer is initiated.

Keep in mind, most offmarket/distressed deals are traded offmarket before they even hit the auction block.