A lot of opportunities to buy aged C-class homes at 8, 9, 10 caps.Small investor expense ratios are 40%.Large operator expense ratios are 37/38 %.Large platforms/institution expense ratios are 33/34%Big benefit of blanket insurance policies is to drive costs down.A lot of BFR is looking for a bridge product for 2 years to hope rates get back down in the 5% range.Cannot use HPA on BFR communities you plan on selling based on cash flow.5-18% rental premium being achieved based on new construction communities compared to new construction scatter sites.For real time comps go to biggest operators BFR, small multifamily.More confidence about the cost of construction having stabilized.Some products which will not be good for retail buyers will also not be good for rentals.

Hi, my wife and I are looking to buy our first property in the next 3-4 months.

Investment Info:Single-family residence buy & hold investment.

Curious if anyone has any recommendations on best places to buy and how much i should aim to save. 

You would literally be better off selling and buying the neighbor’s condo to rent out.

At 19 years old I am thrilled to have the opportunity to buy my first investment property.

The way I saw real estate at the time was, saving money, buying a multi family, live there with tenant who help pay for my house.

They also gave me some information on their buy box and strategy. 

Even looking at the balanced rate (which I feel like is hard because the terms are different) along with the potential to have the monthly payment/fees covered, it feels like a cash out is a better option if we did want to keep this.Part of the current struggle is that the market was hit harder from the rate increase so sales are almost at a standstill and even with trying to sell the house, the rental market is doing substantially better because most military cannot afford to purchase in this area as the payments are over 6k/mo for buying vs 3-4k/mo for renting.Any advice is most appreciated!

If I wanted to go somewhere or buy something I worked for it.