If purchased with financing and the security interest represented by the UCC was timely perfected, I would have a completely different opinion.

This represents a decline of 354,870 people or 34.5%.

I think 2024 and going into next year will represent some great MF buying opportunities.

Prefab container homes built in a factory need to be certified by state and reviewed by state representatives during construction (within the factory).

If you do not take the gold for delivery and have some sort of representative interests in the gold- look up what happened to Iceland during the banking failures.

In fact, its so competitive in trying to buy a SFR owner financed note, that most note investors have gravitated to buying non performing, under performing or re performing notes from banking institutions, or the asset disposition firms that represent them.  

😀So I speak with some actual first hand investing experience.It’s is never as good as some think and it is never as bad as some think.While some big name syndicators have crashed and burned, the truth is this only represents a small share of the market.The overwhelming number of MF properties are owned by long term owners with fixed rate debt and Billions in Equity - those people are not in trouble.I believe perhaps 10% of the MF stock is owned by syndicators.

Along with the client Andrew's company represented.

They adhere to a strict code of ethics and are often members of national and local real estate associations.The Process:Property Listing: They list properties on local Multiple Listing Services (MLS), exposing them to a broad audience of potential buyers.Client Representation: Realtors represent either the buyer or the seller, guiding them through the transaction process, ensuring legal compliance, and striving for the best deal for their client.Commission-Based Earnings: They earn through commissions—predetermined percentages of the property’s selling price.Wholesalers: The Middle-MenReal estate wholesalers seek out off-market properties, secure them at significantly low prices, often through a signed contract with a seller, then "assign" or sell that contract to an end buyer for a higher price.The Process:Property Hunt: Wholesalers look for properties often not listed on MLS, sometimes requiring significant repairs or distressed sales.Under Contract: They negotiate directly with sellers and sign a purchase contract, with no intention of actually closing the deal themselves.Assignment of Contract: Wholesalers then sell this contract to an investor or end buyer at a markup, pocketing the difference as their profit.Divergence Creates TensionThis fundamental difference in operations sets the stage for conflict.

Now that my wife and I are looking to buy a primary home in a HCOL city, I am considering representing us as an agent since I hold a license here.