We sold one property this year where we wrapped the 4% mortgage note into a 10% note and as a result are enjoying a 17% annual ROI for a minimum of 2 years and possibly as long as 10 years if the borrower/buyer does not pay us off early.After 40+ years of real estate investing, in many different markets across the country during many different economic climates, both in residential and (primarily) in commercial, I can tell you that hard and fast “rules” should be constantly evaluated to see if they are limiting the opportunity to “jump start” your wealth building.   

Hey Everyone, I'm a HVAC/Mechanical contractor in the Upstate of SC and looking to start building an investment portfolio using the BRRRR method.

Additional Comments: Laid back personality, social but also enjoy my alone time too. 

We are in the process of hiring people and want some advice on structuring our new 1099 clients/ contractors/ employees for lead management, acquisition and disposition.

My advice would be to focus on cash flow properties, especially in areas where you can get consistent returns, and consider Section 8 housing for guaranteed income.Also, leverage your experience in Portland to streamline processes with your new partner, and build a strong local team (agents, contractors, etc.) in OKC to make things smoother.Feel free to reach out if you need any specific advice—happy to help!

Who did you all use for your architect, engineer, and general contractor?

I've got a team of contractors, property managers, attorneys, etc. anything you would need behind my back.

I'm trying to enjoy my morning coffee.....

Finding a solid Realtor, property manager, contractor, and lender is your first step!

Quote from @John Mason: @AlanGreat , I will have the network in a  few months so will look at itIDK what state your in, but it may be to your advantage to see all of the requirements and law surrounding contractors and contracts.