We spent the time, money, and energy in marketing, networking, and negotiating to find a motivated seller and present the property to the public.

Ask these questions every time and you will know if you have a motivated seller and a deal.Good Luck!

My first thoughts was that maybe we would not be able to find a buyer but eventually we did and was really excited to add value to the motivated out of state seller How did you find this deal and how did you negotiate it?

I pay about 2200 monthly, so reducing that is a big motivating factor.

This is the same faulty reasoning that gurus use when challenged with the fact that 96% of their “students” are unsuccessful.Saying ignore the people who are negative and only listen to the people who are positive is the sales pitch of all motivational gurus, not successful business owners and investors.

Thanks for the motivation, Weston!

In my opinion, it beats the alternative of having kids wait until they are 18 and leave the house to learn how to manage money when they have credit card companies influencing them to go into consumer debt.

So it makes sense to choose a home that will make a good rental right from the start.Common factors that real estate investors consider when choosing a good rental property include:The neighborhood, which will influence the type of tenants the home will attract and the rent they can afford to pay.Property tax rates, which vary widely from one place to the next and can have a significant impact on the total return of a rental home.School district quality, crime rate, and overall neighborhood ratings affect occupancy levels and the overall value of the home.Job market and population growth are two indicators real estate investors consider to help predict the future demand from tenants for rental housing.Housing Price Index (HPI) and Housing Affordability Index (HAI) are two other metrics investors use to anticipate rental property demand, because when home prices are unaffordable more people may choose to rent rather than own.Average rents and rent growth also affect where to buy a home to house hack, since the rental income will be used to pay for part of the mortgage and other expenses.

Circle of influence.

Purchased from a motivated seller for $4000, spent about a month and & $4000 fixing it up.