Scott mentioned a cash sale is fine, you can't show any market influence on price just because someone used cash and not a loan and it is the purest transaction to meet the market value definition, where consideration is paid in cash....

Experience working in brokerage and architecture services has drawn a desire from me to become a greater influencer of this property type.

Does the improvement of a school district influence where you invest in buy and hold properties?

Can anyone shed some light on the truth of it and the influence we might have in following the call to action therein?

Hi you guys, I’m just starting out and I’m working toward doing two deals before the end of the year. 1) primary residence (depending on best opportunity...house-hack a multi-family or live in & flip...assuming conventional loan...possibly FHA)2) BRRRR investment (likely a single family, but possibly a multi-family)With that in mind, do you have any advice or things to be aware of that would influence the order or priority?

@Jay Pillalamarri there is only one factor that influences market cap rate:  supply and demand.When demand is high, investors are forced to bid against one another, driving prices up and cap rates down.  

The city has a ton of upside st the moment with the prospect of the train coming down.Other significant factors are the new mayors fiscal focus on improving the budget and the investments the city is making in the new high school, new streets, the Amazon warehouse, SouthCoast market place as well as the new casino in Tiverton just to name a few.The important thing to remember when investing here is getting a great property manager.

@Jordan Hamilton No cap rate has zero influence on residential properties.

What details influence you in pursuing a deal and what makes you look away?

I just realized I passed Will Barnard for first place in influence points on BP.