But, it has become fashionable to talk about cutting costs as a means to value-add.

Fortunately though, I had a tenant, so I decided to ride it out rather than do a short sale, which most people were doing at the time.

I found a house during one of my driving for dollars rides that has 2 documents attached to the door.

Those homes appear to offer significant value but only if you are local, have good contractors and are willing to assume the risk of riding out the areas in hope they recover as other investors join in.

Just got out of the ocean and now going on a bike ride with the kids.

We own a 4br home in Colorado Springs close to Colorado College, and we have a pretty easy time filling that thing up.If you're not a fan of other humans in your space (I'm in that group), then skip the rent-by-the-room and find a home with a basement that you can section off in some fashion.

First and most importantly, congratulations that they left on their own and didn't play the system claiming a covid hardship and ride this out until September at the earliest, you are really winning here. 

But, if I hadn’t known as much as I did I would’ve been taken for a ride.

I wouldnt just jump into a flip just bc you need to roll in the number, take the right opportunity as it comes, dont just ride the wave because others are offering blindly. 

The goal should be a stable investment that can ride the waves.