It got us in the game and we worked with a great attorney on drafting the lease option agreement and structured our first Limited Liability Company.

The family had foreclosed on another home in the past and couldn't get a mortgage, so by structuring a 3 year lease option, they rented from us but treated the home like it was their own because they had skin in the game ($5k deposit and paying slightly above market rent rate).

My rent includes the use of laundry machines at free of charge.

I don't know if you're doing a fixed contract price or if you are doing a cost plus, But either way you gotta have a higher intimidation factor with these contractors and you cannot let them change the game otherwise you will continue to get run over.

Hello, I've always been a stock market investor and am trying to educate myself on real estate as an option to diversify my investments. My initial thought was that I'd like to have '5 doors' to buy and hold with the ...

Welcome @Derwin Smith-Bishop I think entering the game in MF is a great direction...there is a ton of content here and an opinion about everything, so don't lose sight of your focus.

Hi all, First steps out of the gate here, and I just wanted to get some input from the folks here that have been doing this for awhile.I came across BP too late in the game and had already purchased a SFR.

That is a whole different ball game!

The costs of the buildings there are pretty low, it is infested with a lot of drug users so your PM has to be on their game.

It is really just a numbers game.