Hey all! I recently started a direct mail campaign and am prepping for my second month's mailer. The first month was an intro letter and every month after that will be a Market Brief, which I've attached here. Curious...

Best to structure and treat as if a property management company from the start.Think like an institutional lender/servicer.

I went ahead and pay the retainer fee to have anna as my retainer. so let see how this plays out  Nice, all the best.

However, deals are few and far between here;  prices have not profoundly plummeted, interest rates are still high, and quality inventory is scarce.  

One of the best things I ever did was simply join my local REIA.

In general, anywhere across America right now with interest rates as high as they are, there are very few deals that will cashflow with 75% leverage.

For 60% bonus depreciation (2024 rate), there is no recapture requirement.

If there's fewer transactions, there's less opportunity for wholesalers to skim off the top.Also, wholesalers typically work with investors and with rates higher, investors have less room to pay for wholesaler fees when their net yields are already significantly compressed due to having to pay more for debt.

Focus on properties in high-demand markets where rent rates comfortably cover expenses.

You do your best to mitigate risks, but they never go away completely.