Brian: I'd retool your procedures, as it pertains to showing the properties and prescreening the tenants.

Hello,
We're considering buying a 3640 sq ft building, set up for a doctor's office. We will have a tenant lined up ahead of time or not do the deal. Located in a small town near a mid-size city. My question is, ho...

At my age, I'm thinking good whiskey and (2)25yr old redheads.Rest spent on medical bills and funeral.

Where can I find information on the eviction process in NC so that I file the proper paperwork as well as follow the correct procedure.

I was trying to merge this goal with the goal of a moderate cash flowing property but it seems this isn't a possible scenario.I intend to invest in cash flowing properties outside of this deal and have already done one cash deal where I bought a property all in for 33k that would comp for about 35k and sold it on land contract for 48k, with 14k down and the balance to be paid at 8% over 6 years.I am continuing to learn and hope to develop my knowledge and comfort in doing a variety of real estate deals but for now I will start with buy/hold rental properties or land contract notes As I have minimal sweat equity/time.My financial situation is interesting as I am a fourth year medical student who will not realize a substantial income for another 5-6 years.

What is the procedure for backing out of a sales contract using the POA document.

I am having a very interesting discussion with some folks I know about the JV versus regulation D private placement construct for capitalizing SFR development deals. One of the things that repeatedly comes up with po...

This usually has $500,000 in liability, around $160K for structure and includes earthquake and a little medical coverage, thief coverage and loss of use coverage....

the same procedure?

I know other family members who work a regular JOB.Their mindset is put money in savings in case of a medical illness or rainy day fund.Take 1 or 2 trips a year with vacation and that's all they aspire to be.They look at me and what I do and think "I am lucky" or "I have it good" that I have my own business.They think I sit at home in my office all day and do nothing.They do not realize I am putting in way more hours than they could imagine.I am sacrificing now so that down the road as I get older (36 now) I can take it more easy.Meanwhile many of these (savers) will be working as a greeter at Wal-mart at age 70 and complaining about social security not being enough.I am not going to be one of those statistics.A family member that is 68 has their house paid off,car paid off,and with social security still lives hand to mouth.I try to explain they need to grow that money to stay solvent but FEAR is what grips them from making a move.Whatever everyone believes we know we are born and in a certain amount of time we die.Where we go after that is up to each person to decide.So you do not have time to let FEAR keep you from making rational decisions and not living life.There is risk in everything.Successful people taker calculated risks and on average win more times than they lose.I guess I would be 4 and 5 since I have my own money but also buy property using owner financed deals.