He's not acquiring more in the area anymore, due to shifted focus, but still has three 2/2 cabins doing really well.Location: Sounds like it's almost in Hendersonville.

You pay taxes on 401k withdrawals whether you are 40 or 60, so the 10% penalty you get is what you have to factor in with your decision.It's impossible to say whether stocks/bonds in your 401k or real estate that you acquire will do better over the long haul.

Despite what anyone else may say, unfortunately, $5k is simply not enough to acquire an investment property.

I'd love to connect with anyone who has experience in acquiring small multi-family properties (2-4 units), particularly in college towns.

Has anyone in this forum ever acquired an apartment with a HUD loan through a loan assumption?

It is predicted that the number of foreclosures will increase and I would like to capitalize on this as a mechanism to acquire properties.

I require all new tenants to use it, but I have a few that use other methods due to them being tenants when I acquired the properties.Background and credit checks are easy to send to an applicant - they pay 55.00 and I get the reports quickly. 

Less time dealing with repairs frees you up to focus on managing your growing portfolio – that's a smart strategy for building legacy wealth.Section 8 was exactly what I had in mind for acquiring tenants, so it's great to see we're on the same page there.

I researched all these different corporate structures very in depth when i was starting and now that I look back, I wasted a lot of time trying to "protect" myself from the 1 in a million things instead of just focusing on the main goal of acquiring and operating RE assets.

Purchase price: $195,000 Cash invested: $27,200 Sale price: $259,000 Contributors: Peter Vekselman Partner Driven, alongside our partner Seth Choate, acquired a property on Mount Vernon Dr #D in Modesto, CA, for $195,000 on 4/29/2022.