What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

I have made my own list of leads as well with some properties that I find vacant, probate, tax lien. but have only helped an out of state realtor on a deal a yr ago. and 2025 I would like to have the right people to go to with questions and or properties when I talk/find home owners that are willing to get rid of the property as well. 

In addition, all Rent payments hereunder not made within five (5) days of the due date shall bear interest at the rate of one and one-half percent (1-1/2%) per month"The monthly rent is $1550 so the late fee is easy - I've set the account to charge 5% if the rent isn't received within the 10 days stated ($77.50).

This thread really made me take a step back and look at my priorities.The tenant is on a month-to-month lease and I have the ability to end the lease with 30 days notice without cause, which is exactly what I decided to do.Because of this tenant I was kicked off my old insurance policy.  

Glad you made your way here.. are you eyeing long-term rentals or short-term flips?

Did you expect it to be that lucrative when you made the purchase?

What made you interested in investing in this type of deal?

Long term rental What made you interested in investing in this type of deal?

He ran the numbers, we used a calculator to run numbers for rental or flip property, and the math made sense.