I typically spend up to 20% of my commissions on lead generation online and off.

I know there are a lot of different marketing strategies out there for wholesaling but can ya'll share what has been the most effective/ has led to the highest percentage of lead generation for you?

Initially when I started working in loans, the idea was to study for my RE license along the way and gain knowledge of the loan side so I’d be more informed when I became an agent.

@Christine H.To me, it would be a dealbreaker.Buying a multifamily on the basis of price appreciation is speculation.House price could keep rising and you end up making money (recouping some of your loss in the meantime) or there could a downturn and you'll lose more money when you decide to sell in.If you go ahead with the purchase of that property, you would have to feed that property with cash _every_ single month.Any expenses that you failed to initially account for will have to come out of your pocket.Increasing the rent might be difficult especially if you have tenants who have been living in the property who many years, because of the rent control.

I am going to go in with a low cash offer initially since its been on the market for 4 years and is in a decent area. 

Offer accepted on my first deal (triplex) and inspection pending (WA State).During my initial walk-through, I met a couple who seemed to be more than knowledgeable about the property, possessed keys to storage areas (possibly other units too), had special parking spaces, and stated that they take care of the things around the place including the large yard in exchange for lower rent.

The potential rent on th eproperty is too low to generate positive cash flow.

I'm thinking of buying a multi-family property initially and hopefully additional properties over time. 

Initially I was going too cash out on a Sheriff sale property and refinance my current duplex for to find the second properties rehab.Although it’s not a bad idea, I don’t wanna bank on the equity in my home to be enough.

I am earning a decent W2 salary and generating some rental income from the 2 fully paid townhome properties.