Now developing increased financial responsibility with what they currently have and with what they will have, will insure that this increased income will not leave just as quickly as it came, but I am just not sure that topping out a 401K or paying off all your debts is the most efficient and effective way for everyone to get ahead.

Only experience will give you the knowledge and confidence you will need to be successful in this or any other business.

AVR is speculative (even w/ recent comps) and actually from reading these posts and working in the market I'm at, an AVR estimate is quite scary.What I find to be the truth is that Real Estate is a commodity.Also it's cyclical, when the Supply is greater, or much greater than the Demand somerthing has got to give.These are very interesting times, with the lack of wages going up, how can rent increase in the short/long term?

The return increases based on varying factors.

I put in about 10k of my own money into rehab work to increase the value of my property by approximately 23k.How do I realize this 23k gain without selling?

So he can help them get confidence, learn the ropes, and then go out on their own.Am looking forward to many lively discussions on this forum!

Salesmanship is based on directing and focusing information to ANSWER the questions your seller has in order to develop a relationship of trust and confidence.

My name is Eric, Owner/Lessor of 12 units here in Manchester, currently increasing my holdings.

I would also factor in rent increases, appreciation (even if it is small), and equity built on the studio.

I would ask plenty of open ended questions solicitated extending responses from them thereby increasing my odds of obtaining positive results once we get to the landing and closing stage of the process.