All Forum Posts by: Brian Sherman

Why not just get a real estate license, takes a few weeks and isn't rocket science. Then you have access to MLs and deal flow?

How close are you to Dallas or Houston? I am looking for an operator there currently.

Increase rent and continue to lease her the house. She likely has a medical dispensary license and can provide a certain amount of weed to a certain number of patients legally in Michigan. In all likely legalization with take place in 4th quarter of this year is my understanding. If this is beyond you level of comfort, sell her house for whatever value makes you whole- that's the true market. Also why would you need a realtor? You have a buyer and you are seller, write up contract have a local local approve and pass on to title company and save your self the 6%! I'd personally raise rent to 3500 and keep tenant, they will likely pay and it makes it worth your wild. Is house in Detroit and why's is true market value range as is?

Forget about it. You already wasted $1 worth of your time thinking about it.

pm me, I'd like to hear more about your plan.

I am a hard money lender and real estate investor. I've been looking to get involved in Atlanta area for some time. What area are planning on focusing on?

Simple. Give them new leases at market value- no discount. If they don't sign evict and bring in market rate tenants. This is a business not a friendship so work the numbers and be a business man.

1. Understand how to use "realist" 2. Define your business plan 3. Identify key geographical areas to attract 4. Know EVERYTHING about your target markets, sales, rents, commercial lease fees and zoning. 5. Find a deal Everything else will fall into place after step 5, you have a deal that has intrinsic value and people fall over their own feet to get a piece of it.

Keep us informed how this plays out. My gut tells me to chalk it up as eduction and tuition paid. I would always suggest going to closing. In addition, have you considered getting your real estate license? It's not rocket science but any stretch.

I have rental property in college towns. The pricing is competitive and 3-5 large operators tend to control the flow of available properties for sale and overall inventory but smaller units can be found with hard work. My suggestion for finding these one off properties is contacting long term owners directly that self manage their properties.

In terms of leasing it is wise to rent room individually and have each parent co sign a surety agreement to secure rent. For example an apartment with 2 bedrooms should have 2 leases, 1 for each bedroom.