All Forum Posts by: Trent Stevens

Thank you @Michael S. 

No I have never been to Alabama I have just been doing some research on it. A lot of the podcast I listen to have recommended investing out there that’s what sparked my interest. The homes here in Monterey county California are priced extremely high. there is almost no way to make any cash flow and the renter rights are all stacked against the landlord. Thank you for the advice I really appreciate you taking the time the give me your input. I am thinking about Birmingham and you are helping me make my decision.

Thank you @Greg Parker

That advice about the title insurance is great I would not have thought about it.

Thank you @Kevin Sobilo 

The owner brought up the owner financing. She said where in ca can you buy two house for 300k with owner financing. I do know her it’s my best friends mother in-law I have known her about 18 years.  

Hey everyone I want to thank each and everyone one of you for taking the time to read my last post and this one. The comments and advice have been great. I got on BP for advice about investing and you all have been great. There were a few post that told me to maybe look with in two hours of my home instead of out of state investing so I am. Hopefully I can move to out of state later when I have some more experience in this. Well I found a deal in the town I work out of. its 15 minutes from my ranch I live on let’s see what you all think. It  Is in a sleepy little town about 30 minutes north of Paso Robles ca it’s a large lot with two homes built is the 1950’s one is a 3b 2ba rents for 550 a month the other is a 2b 1ba rents for 425 month the owner has had the property about 20 years. With same renters that have never missed a payment. Rent should be around 1500 each. She said that she as not done much maintenance in the time she has had the property wants 300k and willing to owner finance we have not talked down payment or interest? What are your thoughts? I am leaning more towards conventional loan because I feel if a bank will loan to me. if I need to sell the property for any reason someone can also get a loan. Thanks for your time!!

Thank you! @Kyle Baker 

The hip camp has been a thing popping up a few people around Lockwood are doing it. I will look into it thanks for the advice 

Thank you!! @Mathew Pezon

Thank you @Sandra Morrison

I will do some research on Huntsville as well thank you for the advice!

Thank you @Travis Timmons

Thank you, John Mocker

That is great advice I appreciate the info, I will keep the functional replacement cost in mind went talking to my insurance agent.

Thank you, Alecia Loveless

I am familiar with the snowball effect I think it is a great strategy I did recently find out about it listening to podcast. Thank you for the info about Experian boost I will look into that.