A little over 15 years ago, in the late spring of 2009, I was a brand spanking new real estate agent coming off of a miserably failed real estate investment venture. I was also a catering server, restaurant server, an...

Purchase price: $400,000 Cash invested: $20,000 Sale price: $620,000 Bought near a private university with the plan to live in it before renting it out.

@Jordan Miller most Class A & B rental properties bought since 2021 really don't cashflow from day one.Class B will take 1-3 years to start showing cashflow.Class A, 3-5 years.Current investors keep making the mistake of looking back at deals from 5-10 years ago when prices & interest rates were both a lot lower, but NOT rental rates.

And yes, I understand that they do not have to notify us if the note is bought out.

I just bought 5 houses in 5 days in 3 states, 1 of the states I never bought property before. 

When I bought my STR, a couple of months after I closed I was killing it with bookings.

I have bought sold either properties or notes in about 30 states.  

Didn't she have a plan when she bought it?

I previously owned a long-term rental that I bought from a parent and rented to family for over three years (lesson learned!).

You KNEW about the problem, got compensation, and bought anyway.