Looking for the best way to purchase another property with minimal cash up front.

New Market Dynamics and Competitive Pricing: With more competition around commission rates, investors might benefit from lower transaction costs in the long term.

Best of luck!

When we purchase our upleg, how can we best negotiate to protect ourselves?

As soon as you get an offer or 10 minutes before the buyer’s agent shows the property?

Credit score- the higher the best. 760-780+ generally gets best pricing for investment property loans with most lenders.

I can tell you nationally average occupancy rates are approx 55%.

Typically, older assets have higher cap rates, while better locations and new constructions tend to have lower cap rates. 

Personally, I just communicate with my tenants that we keep the HVAC (in florida so rarely need the furnace) above 68 degrees at all times, and that it is best to keep the HVAC above 74 degrees during the hotter afternoons where the ambient temp is in the 90s.

How do most investors with partners handle this?