So its VERY slow, and the deal may easily fall through or I will be out bid (most often the case).Being that I am a amateur, (own 3 properties) I was curious what ya'll do to find your deals, and at what speed it allows you to accumulate your portfolio.Thanks,Bill

I've pId 14% interest on time for the last year and a half and these guys want to steal the little wealth I've accumulated and just say tough luck.

Run that and accumulate some cash then go for the next deal.

Back paying all the accumulated interest, fees and other costs makes it almost impossible.

That amounts to a 30% discount over the real value.With that, you get back your down payment after 8 years, and have accumulated $39K in net cash flow over and above the down payment (in nominal dollars.)Something else to consider is that buying and landlording properties is work.

Need to figure that one out.You will need an accumulated depreciation sub-account for each property.

., etc. and accumulating some savings.

This year I know I must replace 2 roofs for sure and likely a third, so I will not be accumulating any cash and so I may go slow on increasing the herd unless I get another owner finance.   

Also wanting to invest and accumulate rental properties, I found a condo building built in 1972 with several unadvertised units for sale by the ORIGINAL owners or those that inherited.

Contractor invoices can be scanned and uploaded in PDF, and a spreadsheet can be used to accumulate costs.