@David ShirtsIn my experience, seller financing can be a game-changer, especially for properties with clear titles or when traditional loans aren't an option.

Bigger Pockets is a great place for education and networking. 

Bigger Pockets is a great place for education and networking. 

It’s not that these expenses aren’t important—they should absolutely be planned for even if the property isn’t producing extra cash monthly.So no, you’re not misunderstanding—it’s just that the guest may have assumed investors in this strategy are prepared for such expenses through other means, like savings or planned reserves.Thanks for your input!

PassivePockets is a great place to do this as well as live events such as BPCON every October.Just as important as networking is education. 

TIA Both aren’t perfect and it’s all about how hard you work them.

No offense, but I hate the idea.You can send someone a bill all you want, but they aren't going to pay it, which means that all you are going to end up doing is turning off their account. 

The older homes there aren't as bad (2k to 3k). 

While down payments and principal payments aren't deductible, inspection fees and other acquisition costs can be added to the property’s basis for depreciation.

Good mindset stuff at the start an great underwriting education at the end.