I'm Eric Whiting from central Florida, passionate about real estate investing and looking forward to learning more and meeting you fine people.

I'm looking to invest in Birmingham due to its cheap prices.

What is a good strategy to use to reduce the list price when negotiating for a new home?

@Pat QuarantoTo sell a property, assess its value, negotiate a fair price, and secure a legal deal.

Purchase price: $200,000 Cash invested: $27,495 Sale price: $306,340 This project was a very interesting one!

Fast forward to 2022 I'm awarded this property in a divorce and now it's my primary residence when I'm claiming primary residence.

@Jorge AbreuDo you encounter sellers who are hesitant of carrying paper because they don't know the buyers, or are the 30% who agree mainly focused on the increased price?

Quick thoughts on the markets you're considering:Knoxville, TN: Growing, affordable, and a strong university presence.Huntsville/Montgomery/Tuscaloosa, AL: Huntsville's got tech, while Montgomery and Tuscaloosa have colleges.Asheville, NC: Popular tourist spot, but competitive and pricey.Akron, OH: Affordable, but keep an eye on the local economy.Irving, TX: Part of DFW, so a big market, but prices are higher.St.

Understand current market trends, including supply and demand dynamics, rental yields, and price trends in the area.- Legal and Regulatory Framework: RERA Approval: Verify that the project is registered with the Real Estate Regulatory Authority (RERA) and has all necessary approvals. 

Purchase price: $175,000 Cash invested: $750,000 Sale price: $1,450,000 This is a current transaction that I'm working on.