New Member in Massachusetts

[Judith Stitt]

Hi-

I've attended quite a few REI seminars & webinars, networked, & read books. I was a landlord for about four years, & now am learning about short sales and bulk REO sales-

I've been in REI for >5 years; am focusing now on selling bulk REOs & short sales & owner financing.

Early on, I stabilized and repositioned a multifamily property in central/western Maine, doubling rents in the process, then sold it for apparently significantly higher than the going market price to a neighbor. Another neighbor there expressed amazement that there actually might be landlords such as myself who care about the buildings, tenants, and community; and a third neighbor there told me the whole neighborhood / area improved "110%" after I bought the property and started making improvements (many of them simple- such as working with tenants to pick up their belongings from the yards to store in the basement).

Now I want to earn much more money, and relatively quickly, if possible. I've been advised that owner financing can be a good strategy for that. And I'm learning about bulk REO sales, so joined that group, too.

Thanks for making these forums available, Joshua et al.!