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Updated over 7 years ago,
Just bought # 18 since Dec 2011. Ask me a question.
I just entered into escrow on a SFH with a private money mtg/seller financing and it is another "petty house". I have bought "Luxury" 4 br homes by the beach, pool homes, and some lower middle stuff, but everything is a pretty house, or it has that X factor, appeal, usually one of the nicer homes on the street. I have learned many things and the biggest is to run this as a business and not as a landlord or RE Investor, or even a property manager. I am a Broker by day, but when it comes to my RE Holding company, I am a businessman and I know that is the way to do this business, at the least for me. A business-person makes decisions from a slightly different perspective than a landlord or a property manager. I remind myself I am the head of a company and to make decisions for the future of the company, like a CEO, I could give so many examples, but if you have any questions I will help as I like to pay it forward. Namaste.