I told her I would be okay with just taking over her mortgage. and she was just fine with that.I talked to her bank and I've seen information regarding her loan.she's had this loan for 5 years and she has 20k equity.we are just waiting for her contract with her realtor to be up In mid January 2020 before she can legally sell it to me because its considered a for sale by owner transaction and that's against her contract with her realtor. so there's only a $150 fee from the bank, I don't have to put anything down. the house in turn key. no repairs are needed and I have a tenant ready to move in right away.I'm guessing with insurance and all the fee's, I will probably spend around $2000. and my monthly cashflow will be $400/month and ill have the 20k equity right off the bat, that I was planing on using to get another property with.anything to lookout for when assuming a loan?

Can we pay rent a month late since we want to go on a month long vacation this month and plane tickets are expensive?

I took a free course Neal Bawa has on how to pick focus markets (for multifamily investing specifically) that was really good: https://www.udemy.com/course/realfocus/In terms of trips - there's a lot of vetting you can do of markets online now without hopping on a plane.

I am planing to retire in Daytona area and I am interested in a condo on Halifax river called Marina Grande .

If we take our family (total of 5), to stay in our vacation rental house (the one we are building), can I have the LLC buy these plane tickets and therefore deduct them as a business expense?

Purchase price: $25,000 Cash invested: $125,000 Sale price: $239,000 Found a lot that the developer didn't believe could be built because it was near a flood plane.

I'm originally from Everett, WA and enjoy learning and trying new things like real estate, new technologies like blockchain and data science, and anything aerospace like rockets, planes, etc.As far as real estate experience goes, I've worked on a couple of flips in Eastern Washington doing renovations with a couple business partners and it has reminded me of how much I enjoy working with my hands!

It's funny, Sherri and I were listening to your podcast episode #286 on a plane home from Ca just last month and we were both inspired and excited which put a train in motion for us.

We are planing to remove all those windows and the double door and put a sliding doors across a whole wall, we talked to a window guy and he said we should consult a structural engineer to make sure we can even do that. 

Then some nut cases flew planes into the Twin Towers.