All Forum Posts by: Bruce Thomas

Thanks James. Any more examples?

How much do you put back in reserves for your properties on average? I know each situation is different. 

Thanks Tyler. I will take a look at Brandon's book. I need to update my profile because I am on the nw side of okc now. Off of northwest expressway. :)

Thanks Brian!

Is there any way to start in multi family investing  when you don't have the money to invest? I am not looking for something for nothing but creative ways around this objection. I ask because it would take about 3 lifetimes to build up a significant amount of money to play with. Any suggestions would be welcomed.

Thanks Chris. The seller said he is out on carrying the note but I may look into the other options you have suggested. Thanks again.

Yes. It is a 23 unit complex. The seller's new wife didn't want to be a landlord. I offered to pay taxes, mortgage, insurance and my lease payment for 3 years and then purchase but he wants it sold right away.

It got shot down like a bird. :). Seller looking to sell right away. It has been on the market for about a 1 year now. Offer to do a master lease to purchase in 3yrs but I think that is where I went wrong. Too long of a purchase period. Oh well, on to the next one.

All of your stories are great. I like to see how folks got into the game. Let's keep it going with more. :)

I should have known better Rich about the same topic. Hahaha. Thanks for the response Rich and Seth. Keep em coming.