All Forum Posts by: Marshall Utiss

Scott Stevenson has made the most sensible reply in this post. Why would you want to incur the cost of evection, the cost of readying for another tenant that will more than likely not be there. In most cases you will also be paying for utilities. I am convinced that setting up a written payment plan whether it is partial or deferred is the way to get through this while retaining good tenants. If you have good business practices you should already know that creating a win win will carry you for the long-haul. Returns in real estate will vary under many circumstances this is surely one of them. Shame on you if you’re not sitting with a reserve. You have spent too much time watching TV and videos on how to get rich at 3 o’clock in the morning. I feel fortunate that I am in a position to be able to help and work with people. Helping people has rewarded me tenfold in all of my businesses. Love thy neighbor!

I am by no means a professional speaker, nor am I an English major but I can count. I have been investing for about 20-25 years. I am for sure a buy and hold guy and have done some flips and a little wholesaling. The reason for my post is to assure someone who is getting started  that there is an absolute ton of conflicting information and ideas out there. The funny part is most are correct! The problem comes in with the perspective and specific goals of the individual delivering the information and advice. You could pull 10 very successful investors together and ask them some specific questions. The simple truth is that you will more than likely come up with different answers. Many factors influence the results such as the market that they are in. What class of property they are dealing with. The way they structure their deals. What type of return they are satisfied with. The personal financial position they are in. How much access to capitol they have. Etc.Etc.Etc. So to get to the point of what I an trying to say is don't let this be discouraging to you. Real estate investing is by no means an exact science, take all the info you can get, sort through it and apply what works in YOUR situation. I have had so many people ask me for advice even repeatedly and they never do anything. So the best advice I can offer is to jump in and get started. In my opinion starting is the biggest stumbling block for so many. If your first deal only turns out half as good as you thought and you see the glass as half full then you are a good fit. If its half empty then I would suggest that this is not for you. Thanks for reading!

Has anyone used a 144a bond to fund an investment property? I would like to get some first hand info on this?