Welcome to the Real Estate Strategies podcast. I'm Ken McRoy and I'm here to give you creative ideas

on how you can get started or continue your journey in real estate.

So welcome to the real estate investing questions. So these are questions that came from my

subscribers, whether they're on YouTube or Facebook or TikTok or Instagram or LinkedIn.

It doesn't really matter, but these came in from all over the place. And so thank you guys

very much for these questions. I've had an opportunity to go through them all. But this question

is, you know, best and most proactive things to do while waiting for the right deal.

And I actually like this question because that's kind of the situation I'm in.

You know, we bought properties aggressively from 2008 to about 2016-17, and we bought a little over a billion dollars with the real estate,

10,000 units, and we had an acquisition team, and we had an underwriting team,

we had analysts, we had all these people working for us, and I tell you what, it was fun.

But then what happened was, we started to buy, you know,

the numbers were the values were going up and the projections were, you know, from the brokers were

going up. And it was harder and harder and harder to buy. And so, you know, and then the people were putting up nonrefundable money and all those

kinds of things.

And so we just got super conservative.

And I think probably the biggest thing that I wanted to say for this question is that you

kind of have to stick with a strategy or whatever your strategy is.

So for us, it was my goal was to return a 7% cash on cash return to my investors.

And so that was my base.

And so when everybody would ask, you know, what are your criteria?

That was my answer.

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