![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/488182/small_1621478920-avatar-storx.jpg?twic=v1/output=image&v=2)
22 August 2018 | 1 reply
At the meetup there was a speaker who was talking about his success to financial independent and when he went through his list of rentals he bought over the years it left me with a lot of questions. 1: Most of his rentals he bought in B+ to A area's in the 300-450k range in Florida.2: His numbers just didnt make sense, one deal he posted it showed literally like a +$5/month cashflow only....So afterwards i started to talk to him more and he mentioned that he is not the type that invest in cashflow, he is a equity investor... intrigued me so i asked more questions and basically he went on to explain to me that he buys properties that need a little bit of work, but have built in equity in the deal, but he has 4 main rules he goes by... 1: If the Roof is greater than 10 years, he always puts a reduction in his offer for a replacement roof.2: If the A/C is older than 5 years, he always puts a reduction in his offer for a replacement a/c.3: If the house is older than 30yrs old, he always puts 10-15k reduction in his offer for a water line replacement.4: He refuses to buy houses with pools....Anyways after a bit of talking he explained to me that he buys larger 300-450k houses, because most investors are educated to not buy them, so there is a lot of room to wiggle on the deals due to lack of competition on offers and most people in that price range are easily able to be purchased with a few % out of the deal to skip agent commisions..Example he gave me, he recently bought a 455k deal for 405k, but the ARV 535k, because he talked them down in needing a new roof, and a/c and offered to pay cash instead of going through an agent if he would drop 4% off the price for that...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/797536/small_1694868283-avatar-chrisj107.jpg?twic=v1/output=image&v=2)
22 August 2018 | 6 replies
When you start getting up to 6 or more, then it's time to explore a new area (maybe 10+ if you were in a larger market).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1115133/small_1621509115-avatar-catherinem44.jpg?twic=v1/output=image&v=2)
22 August 2018 | 0 replies
How do I know if the market I am looking at is small or larger?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1129408/small_1621509330-avatar-oryo.jpg?twic=v1/output=image&v=2)
27 August 2018 | 12 replies
Although most investors have a preferred strategy and may try to sell it to others, me being no exception, once you analyse your options, 15 or 30, the choice should be obvious and 9 times in 10 the option to go with 15 or accelerated pay down has nothing to do with making money (the future being entirely unpredictable).
25 August 2018 | 6 replies
If you are willing to shell out an extra $1k/month to pay it off in 5 years just save the money and put a larger down payment down to lower the payment.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/909173/small_1647035569-avatar-jay_taylor.jpg?twic=v1/output=image&v=2)
30 October 2018 | 59 replies
Which is good for the tax base as well as tenants, who get more choice.
19 August 2021 | 8 replies
There is more project i will work on once my first-time house flipping is successfully in order to buy larger land acres expanding more units of deaf housing community.Tell me how can I help you to work with you.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1016289/small_1621507555-avatar-davidm825.jpg?twic=v1/output=image&v=2)
28 August 2018 | 28 replies
A lot of information which lead a to the choice of buy their system packages which range from 29k to 45k.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1054853/small_1621508163-avatar-frankw61.jpg?twic=v1/output=image&v=2)
16 September 2018 | 5 replies
The larger is going to be my new office.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1094167/small_1621508781-avatar-beni10.jpg?twic=v1/output=image&v=2)
23 August 2018 | 17 replies
These are weekly beachfront rentals ranging from $200 per week up to $8000 per week for the larger properties.