All Forum Posts by: Ethen Weaver

Hello All!

I have recently been thinking about land speculation investment.

And was wondering what are some good hooks that ya’ll have read or heard about?

Or even better, is there a BiggerPockets book on it?

Any info is appreciated. Thank you!

Wow gentlemen, @Jim D. @Paul Leason @Tim Johnson, just like @Account Closed I really appreciate the knowledge and advise! 

*I am walking through this home next week

Hello Everyone!

I am going to walk through a home in Grand Rapids, MI. 

It is located in the Baxter neighborhood. I have lived in the Eastown and Heritage Hill neighborhoods for the past few years and I have not experienced any issues crime-wise. 

My question is if anyone has owned a rental in the Baxter neighborhood and if so, what was your experience like?

Thank you for taking your time to read and respond to this!

Ethen

Hello everyone!

Quick question: If you have a financier willing to assist you in purchasing a property what are the main statistics that I should provide to them to prove that the property would be a smart and  profitable deal?

Thanks!

@Nathan Coleman So in the latter scenario when you say "the deed transfers and the seller retains a mortgage on the property." Are you saying that the deed transfers to the buyer (my financier) or directly to me and then he has the mortgage in his name?

Also, where exactly is Centerville, TN? Gorgeous this time of year??

@Brett K. thanks again for your advice! I really do appreciate it. 

How's the weather down in Louisville this time of year?

@George Despotopoulos thank you very much for all the information you have given, it has all been really helpful!

@George Despotopoulos I am still extremely green, I work in the construction industry and also in the office of a local realtor so I have my foot in the industry door but I have yet to make my first deal. 

Have you ever used or issued a land contract? If so, how was you experience?

@Brett K. Thank you for your input! I really appreciate hearing that others are interested in my endeavors!

He is a very successful business owner and I know he is financially knowledgable, plus he knows so many people in virtually every industry.

As you mentioned it is a great opportunity and I intend on sitting down with him and running the numbers.

Also, have you ever used a land contract in any sense? If so, how did it work out for you?

Regards,

Ethen