Many people feel excited when they view an apartment/property... then reality sets in and they have to fill out an application, submit financial docs, verify credit/income, etc.

The pain is real.But here's the reality of how this happens in RE versus crypto: leverage.

It says my STR grosses 200k a year … in reality we’ll land between 40–45k.”

Now we have these wild valuations for these companies that are completely untethered from reality and eventually they will need to find a way to earn a profit or justify their extreme P/E ratios to continue raising capital.

. 🏠 Insurance Reality vs.

Adjust the numbers so they reflect reality based on what you're doing now.That gives you a basis of what kind of building you are looking for.

@Justin Wijesinghe,I'm a licensed agent in NJ and have sold here for years, so I’ll be blunt - it’s really tough to make single-family rentals cash flow in most parts of the state.The reality: high purchase prices + high property taxes + strict tenant protections + costly insurance = very thin or negative cash flow for SFRs. 

All sellers think that they are sitting on gold, but mostly they don't want to do the extensive and skilled work to rehab a property, so don't be afraid to bring them to reality with realistic offer. 

The Land Bank and Land Trust properties in Detroit can look tempting because of the low prices, but in reality, the rehab costs can be pretty steep, sometimes higher than expected, especially with older homes needing full systems, roofs, and city inspections.If you’re considering BRRRR in Detroit, it’s definitely doable, but you’ll want a solid local team (contractor, property manager, and someone who really understands city compliance).We’ve seen many investors start there and later shift toward turnkey properties, which already come renovated and rented, still in Detroit, but with way fewer surprises and strong cash flow.We work with several out-of-state investors who prefer that route since it gives them reliable returns without managing heavy rehabs.Happy to share a few insights on what’s been working best in the Detroit market if you’d like!

>A penny saved is a penny earnedThat is the phrase but in reality a penny saved is worth more than a penny earned.