THE QUESTION: How do you make money/look at deals in these types of markets where the price of 1-4 families is so high?

The loan is so large on a say a 30 million loan that they can still make a good chunk without getting 1% or more. 

There is so much dry powder on the sidelines though.

With that being said, Detroit can be a great place to invest, but only in the right places. 48205 is a big no, even a nice house there is <20k because the area is so bad.

Trying to figure out my finance strategy to refinance, but commercial is so different. 

I am not sure about investing in Denver right now.... market is so expensive. 

Another popular saying is 80-90% of real estate out there is sold by 10% of agents, meaning because the barrier to entry is so incredibly low and there are SO many agents, unfortunately many just end up struggling and don't "make it."

Hey Dave, SEO = Search Engine Optimization.It is basically optimizing your website so it appears on the top of the list when someone does a search in Google.When you are #1 on Google you will get a bunch of traffic.Then if your website is optimized for conversins as well, that inbound traffic then become leads.The results is a bunch of highly motivated seller leads, and all for free.Like so: The reason why this is so important is that you do not spend money on marketing, you don't go out looking for sellers and you don't need to talk people into selling their house to you.People look for you, and then they ask you.. no, beg you to please make them an offer.

You’ll pay property tax to the state in which the property is, and California has some of the lowest property tax rates in the country.Please let me know what your plan is so I can advise further!

Everything is so slow with Covid-19.....