I’ve seen some investors focus on surrounding areas or neighborhoods with more value-add potential, as they can offer better cash flow options.Curious to know if you’re also considering multi-family properties in the area?

I am currently trying to get into my first multi-family deal.

For one of my multi-family properties, I chose to dig my toes in the sand and make extra payments on the principal until it was paid off. 

I am interested if anyone has a referral for a bank that will lend (first position) a HELOC on a 4 family property in Columbus, Georgia. This may put me in a position to be a cash buyer for the next property. I have a...

My own realtor said that 2020 was the most lucrative year of her career and that nearly all the people buying houses in Waco are people who are fleeing California, New York, and Oregon, moving to Texas in hopes of living in a free and functional society again.

Those we bought were all VERY profitable & some of the multi's we sold & hold the 12% notes on, are going on 12-15 years.

Choose a reliable property manager with solid tenant screening, monthly management fees, and average vacancy rates.

Choosing the best first property depends on the timeline, learning opportunities, financial comfort, and property appreciation and market demand.Good luck!

If the sewer is still functioning (sounds like it is) you get to decide what to do with the money.

This is what I think I know:- The borrower can choose to pay off the note at any time (by selling the property or just paying off the loan with other funds), so it is important that the legal balance covers my investment and some profit- The borrower could file bankruptcy (can someone confirm that this will only cause delay, but not jeopardize ultimately collecting the legal balance of the note)- Most of these DOTs will have a rent assignment clause, so I could try to enforce that and collect rents from tenants (essentially manage the property) while I am holding the note and trying to foreclose.