They're happy to do so because, in so doing, they're basically paying for having the best investors manage their money.However, because of the Covid crisis, we are in one of the right times when we have the opposite situation, in which the REITs are selling at a discount to the net asset value of the property assets they hold and many of these discounts are huge.

If an agent is not so busy they might just agree to discounted their service fee.

SD market is tough for cash flow, at least when you initially purchase the home.Your best bet is a live in flip / house hack, meaning you buy a house in need of some love in a nice neighborhood at a discount, fix it up and then house hack.  

I look at the house my parents are providing me as a future rental property because the house has a lot of potential with 1,478 square feet with 3 rooms and 2 bathrooms.

Purchase price: $280,000 Cash invested: $65,000 Sale price: $390,000 3 Bedroom town house needed significant updates.Kitchen, bathrooms, paint through out and refinishing floors.

We put in new flooring and carpet,paint and refurbished the Kitchen cabinets and added an island with Quartz Counter tops.New bathroom vanities.

Consider that there is no place you can buy Amazon stock for less than it's price, but you can buy real estate at discounts with the right knowledge.  

I have an opportunity to buy a 5 plex built in 1980, consisting of 5 3 bed room 2 bathroom townhomes, for $450,000.

Bathrooms and kitchens are always great places to spend money, but there are things that you can do throughout the apartment that will be relatively cheap and yield a high return on your dollar as well.

Treated for bugs, replaced the interior and exterior "Zinsco" Breaker and service panels ($10,500), remodeled 2 bathrooms, replaced 3 of 5 water heaters, smoke detectors, added kitchen and bathroom GFCIs, 1 AC unit, 1 new dryer, replaced 2 windows, repaired several more windows.