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All Forum Posts by: Daryl Allen

Daryl Allen has started 4 posts and replied 8 times.

Good morning BP Community! 

I have several opportunities to snag up a self storage complex and a 18 unit apartment complex on creative financing . Both are almost set in stone.   My problem is coming up soon..  very soon..   Once the sellers accept the offers..  what exactly happens next?  I have no attorney, agent.  I'm dealing strictly with the sellers themselves.  The thoughts that are running through my mind being this close is creating a nightmare in my mind that needs to be calmed.    Thank you!

I own 20.5 acres of Ranchland in southeast Oregon.   However im unable to use it for a possible homestead due to the zoning.  How would i go about getting this rezoned so i can use as my personal vacation home?  Im a tiny home guy so the biggest building is a Tuff Shed.  I currently live in Washington state  so i dont have the 8-9 hours to drive back and forth to maybe get it rezoned.  What can be done?  How can it be done?  How long does it usually take to get the property rezoned? 

Here is a kicker to help thing in this matter I forgot to mention.   My older Sister is the one who has the attorney that is in charge of this process..   she’s lucky she had a credit card to pay for this lawyer 

to start things off .  I’m in a serious debacle of losing everything I own and my kids own .  I’m currently out of work and still waiting to hear from any employer to get back to me.   I should have been expecting my probate payout next week to pay the storage bill. However the accountant said we have to pay the capital gains tax which now set it back 30 more days .  The house sold for 310k but 73k was still owed and then the 30k medical bill from when my father passed and they loaded him up with all sorts of drugs that’s normally have killed him if he were alive.    I can’t afford to go to court to try and get the money sooner .   What can I do? 

Thanks guys! I'm addicted to reading REI books. I just need to save a bit more to start my journey . And possibly increase my credit score.

Thank you Jerry!  I have indeed thought about turning mobile home parks myself.  I believe my biggest battle is with myself and the worry of (what if?) .   I still have yet to Watch an experienced investor actually do a walk through during a real transaction.   Seeing is believing I guess is where my mind is going ha ha.  I know once I see one successful transaction done then that’s be concrete for me to jump in nose first.  My end goal is to bring in at least 5-10K a month passive on the low end of my journey.  I know the times has severely changed since your beginning, how would you go about finding deals or getting started if you had to start from scratch with let’s say , No job, 3-4k$ in savings and credit score of let’s say 600 flat?    Just a small scenario to go by .   

All you need to do is to the typical background checks to make sure the tenant or future tenant is legit.   Depending on the strategy you use you should come out on top.  However all the houses are fairly high priced compared to a few years ago.  Which part of the southern area are you looking?  Shelton?  Puyallup? 

Good morning everyone! I am new to REI and bigger pockets and figured I'd start by saying hello! I've read several books and watched several videos on investing. Just need to take the jump. After I save up a few more grand.