At some point I'd like to begin a long career in REI and would like to have met some people already that can share in that endeavor.Looking forward to meeting everyone!

The interest rate is 7%, so we suggest this property is for someone who wants to get into Lease Options and meets the other requirements such as adequate reserves and credit.That means, they buy the property, they wind up with $50,000 in equity and they do a Lease Option to a buyer who doesn't currently own a house, but wants to.

I think they all have fees associated with the account if it doesn't meet the threshold.  

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Once something meets your criteria, they can notify you and jump on the program to get it closed before things move around again.Cheers!

Get out and meet some other investors at meetups and that will help you curate what some of those ideas would be like in real life, with the input of others who have done it.

There are a few investor groups that meet in Colorado Springs.

How do you build trust with homeowners or sellers when you can’t meet face-to-face?

Hi Gerardo, nice to meet you.

A few months ago I started attending a local investors meeting and have become obsessed with learning about real estate wholesaling.