All Forum Posts by: Tony SanFilippo

Nice deal, and a win win!  I love when we can help take people's problems away and turn them into income!

Way to keep taking the small steps that will get you to where you need to go!  Congratulations and keep up the hard work and NEVER give up.  Sounds like you will be very successful!

I think you need more more like 2000/mo. total rent for that purchase price. That would cover expenses and get a acceptable ROI.

I would paint it and replace any carpet, I have tried a few other ways, but none have been 100% fixes, but paint & Carpet and wash hard surfaces.  

 Just a follow up, did you sell it?  Details would be great.  If not, why didn't you?

@ Cherry Meekins

Great Job, we need more highly motivated professionals in the field that go over and above making them stand out in real estate!

Sounds more like the wholesaler Abused the cash buyer.  They had to be a newbie.  Mike B I agree no profit in that deal.

Good post, I think many will benefit from the information you have to share!

Your details will be appreciated.

thanks

Sounds like fear of failure to me.  Real Estate for most people is the only way to get out of the rat race.  Put your fear aside and go for it.  Once you really get your feet wet, you will know if it is for you or not.  The journey of 1000 miles, starts with the 1st step.

Good idea and good luck!  Would you like to share how you put this deal together "Contract for deed", so other beginning investors can benefit?