As loans are offered on preREO at a discount, a payoff or reinstatement would typically generate a good return for the preREO investor.

the guy told me they are a sister company of another big firm (forgot the name)  that they wanted to appeal to this new generations  the terms sound very interesting,, where do you think we can fing more info on them?

I'm in Detroit now for inspections on one and to generate the scope of repairs on the other.

I know I already mentioned this, but @Mordy Chaimovitz...If you can get by with lower cash flow and invest for the long-term generational wealth (aka appreciation) in nice neighborhoods, that is the way to go, but it's tough to get by at times -- at least it is for me.Just know everyone's situation is different, and you should do what is best for your specific circumstances!

With this, along with shifting the utilities to the tenants and reducing the management fee to generate an NOI of around $103k, I'd estimate the value around $1.8M to $2.0M

Forums and meetups like BP have changed the game for my family for generations to come AND for generations for people in our homes. 

Things can and will go bad, but once there is enough monthly cash flow generated it will be extremely difficult for that one big issue to put us away or even 2-3 big issues all at once. 

It is our goal to provide all the tools, resources, education & coaching any individual needs to learn how to build a sustainable investment portfolio to achieve financial independence & generational wealth through real estate investing.It should be noted, that while the Academy is not a requirement to invest with RTR, the individuals that do join the Academy are much more successful long term since they have spent time to clearly develop their own individual investment strategy & plan!

My goal is to create generational wealth for my family and to eventually have the financial freedom to say "yes" to travel adventures as a family. 

-Cons: On sale of property, the new owner would have to start from scratch on the income generation.