Exciting news for “Military City USA”. 

Call several local real estate agents or lenders, read articles from local news outlets on where and why the city is growing or how it is developing, find out if any large company is moving HQ  or building a large factory in the area, etc...

I was sitting here reading the news this morning and lo and behold I see the US government is close to pushing another stimulus package as well as lengthening the “no eviction” mandate to the end of the year.

I’m not saying they are the absolutely best in every way, but they are who I trust with my work and if you find a better Roofer, Tile guy, Drywaller, Title company, or what have you then share the good news back with me!  

Good news is once you get into the property, you can do a cash-out refinance to pull ~90% of your equity out of the property.

That led me to calling the company to confirm employment, look at their fb page and stumbled onto some news reporting that his company filed for bankruptcy back in June. 

I have been taking the time to learn more and follow real estate "news" and have started networking.  

This is great news as it makes me feel like our goals are very attainable!  

However owners are now starting to hear about some kind of coronavirus real estate boom on the news, and their initial feeling seems to be that they should be able to get MORE for their properties than the price they were unable to sell for previously.I'm aware there are other strategies for new leads that could be more promising right now, and this isn't the only thing I'm focusing on, but I'm wondering if anyone else is currently contacting owners of expired's--and any insight you might have on how to more efficiently bring the conversation down to reality, and reasonably quickly--evaluate if there might be room to make a deal. 

I was just reading a news story about a large real estate firm that bought a building for $154,000,000 and that the building has a NOI of $10,100,000.