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All Forum Posts by: Robert Payne

Robert Payne has started 1 posts and replied 4 times.

Post: Airbnb vacation rental

Robert PaynePosted
  • Saginaw, MI
  • Posts 5
  • Votes 0

Ran into this when I was down in Texas after the hurricanes... property manager did invoices instead of rental agreements. Makes It like a motel and day you didn't pay you were gone instead of having to evict through long court process

Post: Good roi for a partner

Robert PaynePosted
  • Saginaw, MI
  • Posts 5
  • Votes 0

Prop A 3/4 bd 2 ba house with 2 car detached

Prob B 2bd 1ba duplex each side with half basement half crawl.

Fsbo 50k together I have 15k

Income 1950

Taxes 208

Updates have been made recently so could do minimal holdings to return investment asap 3-5 years holding entire time or other financing options once properties are secured

Post: Good roi for a partner

Robert PaynePosted
  • Saginaw, MI
  • Posts 5
  • Votes 0

What's a good roi to offer or entice someone for 35k if I have 15k of the 50k deal.

50000 is a pretty good chunk. Have you thought about scooping up a multi unit and living in one of them