There are a few invaluable things I learned along the way:1)- Always offer lower than asking price.

When evaluating cap rates I'm taking out taxes, insurance, 8% vacancy, 10% repairs, 8% cap ex, and 10% property management fees; however, if I lower all of those percentages then my cap rate is higher - is everyone using lower percentages and that's how they're finding cap rates of 10%, or am I truly looking at a lot of overpriced MLS properties?

My question is.. are appraisals lower in the winter due to the obvious drop in demand because it is the winter?  

Hi all,What do you think about this:If you had a $300k mortgage that you had to port or else you would pay a hefty fee of $17,000, would you be better off paying the fee and getting new mortgages at lower interest in smaller deals on your own, or would it be better to JV with someone who will not put money in on a five year deal but take care of the management role and split revenue?

He doesn't pay lower rent or get any special privileges.

I brought in a credit partner with great credit to help get lower interest rates on loans, etc.

If you negotiate a good enough deal that pays you then complete the transaction with the investor to buy the house you have under contract.

Lower price points and I'm working on building a track record and resume to have potential investors fund me.

. $59/transaction. $59/mo membership.

You may want to look into modular homes- I have not done it personally but the quality seems to be there and the price seems to be lower than a traditional stick build.