There is a lot of utility in taking in these investors if you have technology to assist with the process.  

So, I haven't had the time or energy to devote to that effort...That said, I'm still a huge proponent of mentoring, and encourage anyone who is interested in taking up the challenge to find a motivated self-starter to take under their wing.

Hello Jim TedderI am a rehabber here in Winston-Salem and would be interested in taking a look on your whosale deals.

You have the advantage of being able to learn here before you dive in. Take

I found a ton of things in the short term that were going to be a big expense for me that I wouldn't be able to bear if ever want to do another investment after my first one, so I tried to re-negotiate, but the owners wouldn't come down enough on the price to a place that I felt comfortable in taking on the risk, so I retracted my offer and I’m back to the drawing board.Despite the cost, the whole process was a really great learning experience and I’m excited to take all of the things that I learned from this deal into the next one.

the owner has a son but if he really had interest in taking possession of the car he would have done that by now.

It is unfair to make or pass a judgement on anyone that provides an avenue for you to make a buck.I have absolutely no interest in taking leads from anyone and not compensating them.

I'll probably keep a month to month arrangement with them.Good.Make sure you get a VERY (as in takes 3 hours) thorough home inspection incase you miss something and need to negotiate it.I like it!

Flexibility, pay down as cash comes in, take it back out as needed.

Think about what landlords want: they want people to pay on time and be respectful of their propertyOnce you raise the idea of leasing the property and then selling it, then you need to sell the idea of rent to own and how you can place the right tenant buyer in their propertyHow I do this is I show them my tenant by air intake forms, I do cross of their names and Social Security numbers but the physical proof that I have buyers already helps build credibility that I know what I'm talking about I make generally 3% of the value of the property in an assignment fee doing lease-option assignmentsI might do sandwich lease option if the deal is terrific