All Forum Posts by: Cameron Garver

There is a guy here locally that is purchasing a property and leasing it to people for 17% interest rate and bringing in $1,200/month in interest. He is also stating that renting to own is awesome because they are 100% responsible for the property. So in other words zero maintenance and decent cash flow. He also states that when they opt out he keeps the 20% down and gets to do it all over again when someone leaves. Are you saying it's not smart if you're a seller because people are charging not high enough interest? Not being stand offish I just want to learn from you if possible.

I have heard some guys around my area that are offering lease to purchase options to their renters. I have done some digging on the process and what it entails. It seems too good to be true. Does anyone have any thoughts or experience doing this? 

Hello everyone! I just accepted an offer on my first rental. I am curious about creative ways to buy more properties quickly. I am a super newbie and I have read some about the BRRR method and that seems great, but what else is out there? Can anyone please spare any time at all to help educate me on different options to buy up more rentals quickly without dipping into my personal finances and making my wife incredibly angry! I appreciate any and all help. Please just message on here and I will get back to you as soon as possible!

Anyone in the Lima, Ohio anyone in here? Looking to connect! Thanks

Hello! Me and two buddies recently went into business together and we are having a disagreement about our first rental property. Me and one of my partners are thinking about our first place being relatively inexpensive and not in the best area. This property will more than likely attract not so great renters, but will cash flow significantly more than a 70-90K house. The other partner wants to spend a good amount for our first property and get a nice spot that will generate cash flow around $150-$200 dollars a month. If we go with his option it will be literally years until we can purchase a second property. I see the pros and cons for each route. Can anyone let me know what their thoughts are on this? We live in Lima, OH and real estate here is very inexpensive. Any answers are much appreciated! 

Nathan G. Thank you that is probably a good piece of information! I am located in Lima, OH. 

Hello everyone! My name is Cameron Garver and I am new to Bigger Pockets. I just became a Pro member and I wanted to network and see if there was anyone in here willing to message me some advice! I just got my LLC and EIN number and I am on the hunt for my first property. I am pre approved and ready to rock! I am wanting to start out in single family rentals (Would love Multifamily but too pricy to start out with). What is the best way to find deals on these properties. The market is hot and everything is usually under contract within a few days of it being listed. Is there a good way to look for foreclosures? Is this not a good way to go about it? Any and all help is much appreciated!