We’re seeing more and more price decreases as interest rates rise and many buyers are choosing to not participate in the market right now.

For example, the Fed quickly instigated dramatic interest rate reductions and participated in quantitative easing following the 2008 market crash to stabilize the downward economic spiral.

Frankly, it strikes me as the most significant migration I've witnessed in my adult life, reminiscent of the Bay Area and even NYC in the the 2.5 decades prior (before I had an income to participate in them :) )In particular, I think that the migration of both business and culture will result in a very sticky mix that may even exceed projected population growth numbers, which are already on track to double over the next 20 years.CapitalOriginally, I was going to invest alone, but I've since joined forces with 2 friends.Together, we're prepared to deploy ~$300k and have discussed raising silent money if the deal(s) justify it.We would certainly prefer to see cashflow, but are fine breaking even for 1-2 years in exchange for what we expect to be obscene growth - 30-40% over the next few years by most accounts.

We allow new investors to eavesdrop on our Mastermind, but not participate, and we also have location-specific ones.

I was a recipient of the Hall of Fame award through the National Association of REALTORS (NAR) for my RPAC participation and was inducted into the Omega Tau Rho fraternity of NAR for "outstanding contribution to REALTOR education".

Do you have rentals you materially participate in and can offset with REPS?

So I’m receiving my check by mail since my landlord doesn’t participate.

Here is why:- Shortage of housing stock (builders have not been a participant to cause oversupply of inventory)- 25% of US homeowners have mortgage rates below 3%- 40% of US homeowners have mortgage rates  below 4%- 35% of US homeowners are free and clear of any debt encumbrances- Credit qualifications for homeowners this cycle has been the best in US history- Household balance sheets are strong- 90% or more of mortgages are vanilla conservative 30 fixed- There has been no speculative lending that we saw in the run up to 2008- The REO market is non existent (no foreclosures)With all that said, the debt homeowners have is now the asset and not the real estate itself. 

He should just take a mortgagee position and the note should have a stated rate of interest (plus points optionally), but no profit participation (which could also trigger the very nasty tax).

(1) The term "Security": means any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, traddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a ‘‘security’’, or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.(2) The term ‘‘Person’’ means an individual, a corporation, a partnership, an association, a joint-stock company, a trust, any unincorporated organization, or a government or political subdivision thereof.