All Forum Posts by: Karen Gassman

The most famous answer in all Real Estate Investing, it depends. What are your goals? Each scenario would have different benefits. You would get property management experience if you rented it and cash flow it. Then consider how much cash flow. If you’ve not read Brandon Turners book on Rental Property Investing, I suggest doing that. If you used the money to begin the stack (duplex you 4 plex, to 7 units, ect) you could also do that. Investigate how much money you would get from the MH and find out if it’s enough money to use s as a down payment or not. Consider what path you want to take and then pull the trigger. Great questions! Best wishes!

@Daniel Levin just for the future read every book on landholding that you can get your hands on. It’s a great way to troubleshoot with tenants. Start with all the Bigger Pockets books. You can get them on audiobook as well. Don’t learn from mistakes, learn from the mistakes of others, saves a lot of time and money. Maybe you’ve done this but I did notice things in your scenario that some books speak on.

@David Abbate also turns out, that because they both work for the same company, splitting any commission was probably a concern. Regardless of the fact that we’re nowhere near that point of the deal.

@David Abbate she wouldn’t provide further details on the property without it.

So I mentioned to a realtor friend about a deal I was interested because the listing agent worked for the same company as her. She reached out to her coworker to gather data, signed a non disclosure. My husband also called and spoke to the listing agent and signed a non disclosure. Now the listing agent has to speak with her boss before we can view information on the property. Where did we go wrong here? I’m not familiar with the rules and it was an honest misstep if we crossed some line we were unaware of. Can anyone explain.

Does anyone have experience in flipping homes with the purpose of selling them to companies to be used as Assisted Living for the elderly?

I’m looking to network with other investors in my area and provide cold calling with a script, door knocking for wholesalers, sending out mailers, setting up bandit signs, or any other administrative office work in exchange for being in the environment of an active somewhat established investor. I can help out on Saturday’s. I’ve read numerous books, listen to tons of podcasts, studied sales at Cardone University, I’m organized, fast at learning, and am currently enrolled in the Elite Legacy Education Training which was started by Robert Kiyosaki.