All Forum Posts by: Glenn Verley

 Thank you!

 Thank you!

The price seemed cheap to us too. I'm in California where you can buy a house for 200k, but it would have no roof and be on a lot less than 1 acre. I'm not sure about utilities, I know it's on septic. I've seen other houses down the road and across the street (thanks to Google Maps), but again, I'm not sure about utilities.

 Thank you, looking forward to evaluating all our options!

1. The land is close to the TN/Lumberland, a few towns, and the Delaware River.

2. I don't have any developer contacts in the area, but I'm open to partnering.

3. I'm not sure about a MH park or selling smaller lots, but I know the property is zoned as Rural Residential.

The appraiser had a hard time valuing the property because it's rural and there were no nearby comps. He did say that possible upside is that people are moving away from the city into the county due to a supply shortage, but I looked up the population of the town and it was less than 1,000 (2020 Census).

Thanks for the advice!

Hi BP community, my grandfather passed away and left my Dad (along with his 4 brothers) 32 acres of land in Orange County, NY. Most of my uncles want to sell the property and be done with it, but my Dad and I were thinking this could be an opportunity to start REI. They are open to being bought out of the property at $180,000, but that would have to be paid to the estate in a lump sum at closing.

I haven't been to the property, but the pictures show that there is a mobile home and 2 barns (all falling apart and need to be demolished). I was thinking we could put a new house on the property and either STR it or set up something like a hunting lodge.

This would be my first investment and I have no experience, so I know it would be a massive stretch.

Any thoughts?

Should my Dad just sell it along with my uncles, or should we buy them out and try to turn it into something?

Please help!!!

Hi everyone,

I'm looking to purchase 2 tickets. I'm trying to get my wife onboard with RE investing and I feel like going to the conference will give her that bug. I'm in Southern California, about 2hrs from San Diego. 

Please let me know if there are any tickets still available! 301-875-6529

Thanks,

Glenn

Hi @Germaine Scott,

Like Tony said, I would also recommend MRER. I love the forums here, but there is so much info that it can be a bit overwhelming at times. My recommendation to get started with no/low money down would either be to wholesale or to get a group of investors and partner up to fund a deal. The cool thing about MRER is the community of like minded investors.

When I started, I didn't have that much money. So I asked around in the FB group and now I have 2 partners and we are in the process of getting funding with Mark Buford. That's another great thing about the course; Jemal GIVES you access to his team and they have always either answered my call or got back to me afterwards.