The key is to be ready, wait for the right property, and adjust your offer based on the strategy you want to deploy.The time of year is less important than the property itself.

In multifamily here in Reno, NV (just over the hill), we have seen some great deals with higher cap rates for buyers, but also very low cap rates on some renovated, turn key inventory. 

Networking is key in this business, so don’t hesitate to reach out and collaborate.

That project taught him that buyers in these well-established neighborhoods pay close attention to the details..things like making sure the ceiling lines are clean, storage is intuitive, and every inch feels purposeful rather than tacked on.For your project, thinking about the functionality of the added space is key.

DefinitelyFlexibility is key, and theres much more flexibility in the median/high income areas

The other half is mostly turn key, light move in ready, section 8 work that is financed from the start.  

He mentioned innovation being needed.

Buying a mobile home to place on your land can be a great way to generate rental income, but like any investment, it comes with pros, cons, and key considerations.On the pro side, mobile homes are typically more affordable than traditional single-family homes, meaning lower upfront costs.

However, there are good deals in both markets.The key is to know your numbers and what makes a good investment.

Clear Exit Strategy Since you’re dealing with a short-term loan structure, having a clear exit strategy is key.