We’re you friends with the previous owner?  

I listened to too many people saying they don't raise rents on good tenants, including a few of my California friends who have kept the same rent for 10 years, their reasoning being I bought the property cheap in 2008.

Purchase price: $186,000 Cash invested: $70,000 Purchased this unit through creative strategy, (sub-to) current is an Airbnb in Baltimore.

In my market, agents/investors/wholesalers pitching creative financing get this objection as well.They typically have a 2nd offer (usually much lower purchase price) for the owner to be able to accept now and cash out. 

My friend is interested in buying a cemetery service business in North California.

Purchase price: $60,000 Cash invested: $20,000 Sale price: $240,000 Lakefront duplex Denver Colorado.

However, the house is not selling, having me consider more than once to rent it out, tap into my equity, and purchase a fixer-upper triplex in another part of town (where I would also live).

That means you can spend up to $70,000 on the purchase price and renovations and it would still be considered a good deal, according to the 70% rule. 

Purchase price: $560,000 Cash invested: $55,000 The strategy going in was part live-in-flip, and part ADU value add.

Purchase price: $162,000 Cash invested: $1,460 Sale price: $272,000 Contributors: Peter Vekselman Partner Driven, in collaboration with our partner Seth Choate, successfully completed a deal on N Pasadena Ave, Waterford, CA.