Get yourself into a better financial position before trying to manufacture deals

I have zero financial background, and I’m trying to wrap my cranium around the finance part of BRRRR.

Even better - they haven't been getting offers every other day from investors.In Blount county there's about 1450 homeowners; age 60-89, 20+year ownership, single family homes valued between $50 and $250,000 and the top 700 or so people with the top Financial Stability Scores (FSS) taken off.You might want to adjust your message a bit when you do your mailing.

My goal is to build a solid understanding of the basic principles in real estate investing such as property valuation, financial analysis, executing a deal, etc.

Living at home long term and banking the money is not necessarily the best financial move because the money is just sitting in your account and not working for you.

Are you asking because you want to understand the financial health of the HOA or so you know which ones you should market too?

A good real estate CPA will know how to manage the relationships between the various financial and legal professionals you work with.Best of luck!

This led him to average a new home purchase every month for the first year and a half, and soon he had true financial freedom and quit his 9–5.

$50-99,999     333 $100,000-149,999      941 $150,000-199,999      1286 $200,000-249,999      668 $250,000-299,999      262 $300,000-349,999      132_____Owner Occupied with Equity $50-99,999      673 $100,000-149,999      3044 $150,000-199,999      7986 $200,000-249,999      6462 $250,000-299,999      3526 $300,000-349,999      2018You can also look at individual zips to see how many are there, based on the range you decide upon.There are additional criteria that you can use to look at your market such as owner age, number of properties owned, length of ownership or financial stability scores.

Her having financial problems stinks but you aren't a charity (if you are, I'll give you my address).