I had to make choices and forego things I could do: like going out to party with girls, drink 7 days a week, smoke weed, drop school and never open a single page of any meaningful book, leave alone educating myself on wholesaling RE, while I was going to school, constantly reading books and learning new things.

Inflation might go up 5% next year and be primary based on fuel prices spiking while housing prices might be dropping!

Credit card points are great but they are a drop in the bucket in the grand scheme of being a real estate investor!

If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.

Based on the supply of homes for sale and the time of year, I predict home values will drop a little bit over this winter until early spring.

In this part of the cycle, as prices are dropping and it's harder to get financing, a motivated seller is not going to get top dollar, and most want to get rid of their headache.Two years ago, it would have been easier, but not now.

Usually holding costs and lost opportunity costs far outweigh the gain in sales price.I would also have multiple exit strategies and if prices dropped more than I wanted could I keep it as a long-term investment and have the rent cover my expenses.

If you’re open to sharing your experience or thoughts in more detail, feel free to drop a comment or send me a direct message!

If there are any NY market stats/comparisons, you'd like to see in the future, post a reply or shoot me a PM.Below is a quick Q3 comparison between this year and '23 for Suffolk County:Summary:- Single Family values continue climbing- Multifamily Properties are selling faster than last year - Market activity (sold properties) has remained steadyMultifamily sale prices have (slightly) dropped despite sales activity remaining similar to Q3 last year.

We recently had a flip where the membrane over the garage was leaking on the north edge, water migrated back about 15' before finding an opening in the decking and dropping through to an interior hallway.