Purchase price: $92,000 Cash invested: $13,000This is a 1350 sq. ft.

I am considering purchasing one of their  properties in Ocala  Fla. 

I would consider getting 1-2 deals on market before you purchase off-market.

Purchase price: $90,000 Cash invested: $15,000 First home that I over paid for.

Dave Meyer and Henry Washington shared their opinions on purchasing a deal sight-unseen in yesterday's episode of the BiggerPockets Real Estate Podcast: How to Buy Multiple Rental Properties a Year (Is It Possible?)

Individuals are purchasing these properties, rehabbing them, and raising rents.

How we purchased our property: Combination of Savings, Personal Loan with interest from a family member (4% interest) and a cash loan from Wells at about 8%.

Here’s a breakdown of the key elements you should include in your subcontractor agreement:Subcontractor’s Information:Full legal name of the subcontractor or company.Contact details (address, phone, email, etc.).Project Information:Internal Project ID or Purchase Order Number (if applicable).Project address.Clear identification of the specific scope they’re responsible for (e.g., electrical, plumbing).Project Timeline:Start Date: For the portion of work they are completing.Completion Date: Set realistic deadlines for their tasks, adjusted to your overall project schedule.Liquidated Damages:Specify a daily amount to be deducted from their final payment if they fail to meet deadlines (with exceptions for factors beyond their control, like severe weather).

To get around this some folks will purchase the vehicle in an LLC and then sell the LLC, and this is not breaking the agreement.The same thing would apply here.

In agreement with the City of Lebanon, we will redevelop ~35 acres into 242 lots for ranch-floorplan duplexes and SFRs, available for purchase by retail and investment buyers.