Purchase price: $180,000 Sale price: $209,900 Contributors: Peter Vekselman Partner Driven and Traci Stephens purchased this Watertown, SD property on 12/06/2024 for $180,000 and sold it the same day for $209,900.

The plan for me is to breathe new life into old structures and develop useful supporting infrastructure to enhance the main focus of the repurposed campus.Anybody working in the Milwaukee area that might be interested in partnering or at least connecting with Stormi Jellison (Stormi Maya), please reach out to her.

Grow steady and have a strong foundation.

Still strong but lots of competition, so you need to research what works: good pics, seasonal pricing, amenities, etc.

The system is what's really broken:1) S8 should have a time limit - get free housing to get your life in order and move on.2) S8 should have strong requirements for taking care of the home taxpayers are paying the rent for. --- We haven't seen a S8 inspection report in over a decade that required a tenant to fix damages they obviously caused.

Way to go @Glenn McCrorey , I went in the same position as you 12 years ago, when I started my full time real estate investment. 400 properties later, i am still going strong.

For selling performing notes, companies like Mission Capital or Watermark Capital Partners specialize in purchasing notes, including DSCR-based ones.

After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).

The other option I potentially see is to partner with someone that has cash and/or better debt/income ratios and partner on the next purchase.

One of our long time investment partners wrote the check for the entire $1.5M.