The other thing that is huge is when sellers feel it has shifted to a sellers market they will feel less likely to carry seller held seconds to increase your cash on cash returns.I personally right now from what I am seeing is it's time to buy for large multifamily.

@Eric Johnson,To make the @ work, do the following:Hold down the shift key and type @?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Here is an explanation of the benefit of tagging someone:To make the @ work, do the following:Hold down the shift key and type @?

For some perspective, that seems like enough money to buy appliances and a hot water heater every year, or replace the roof every 4 years...again, I think.It just doesn't sound right to me.

I'm sure there will always be a level of profit to be made in the industry but it just seems like this is the era of a monumental shift in wealth.

@Devonte' Dinkins,To make the @ work, do the following:Hold down the shift key and type @?

You can branch out later on.You might also consider a part time job 4-12 shift works but you need weekends free for RE. :)

Sometimes it is the right thing to do, and in some markets, doing the right thing is absolutely necessary from a strictly business perspective as well.I won't claim to be a big-time operator.

California made no sense from a cash flow perspective.

Remember, this is just a rule of thumb for looking at the property with a cash flow perspective.