Focus on things that are income productive.  

On the other hand, purchase prices at these sales can be very low.

I own quite a few turn of the century multi-families up in Everett and yea, your 5% maintenance/capex/vacancy is low, especially if you don't plan on doing the work yourself.

Originally posted by Account Closed:@Adam Craig Most ask for the best and final offer because your offer is low.

Occasionally they break and you can patch them, but at the end of the day there is an average life expectancy of a system.Structures on the other hand.....they could potentially last forever if well maintained or if you use the right products.  

That Fundrise and RealtyMogul are now pitching REIT products is a leading indicator of change.

If you could strategize your plan of action moving forward and wanted to return the highest ROI possible then one could encapsulate different markets and buy at lows, sell at highs then take profits to put into a lower priced rental that returns passive income with not much appreciation. 

The first one is all cash and you expect them to NOT take that offer because it is too low a price.

This might not be typical, since I bought at the low point of the market and now it's fully recovered.https://www.biggerpockets.com/calculators/shared/4...

Remember though, you still have to sell them on your product or service.