It was a great experience…high quality renter, no maintenance on our part, and she paid it off a year earlier than anticipated.It was too long a term, though, and did not account for appreciation, especially during 2022-2023.We have heard a few podcasts on the rent to own strategy, and are very interested.

Just trying to get experience while building up my capital.What do you guys think, should I try wholesale or something else?

If you have any specific quesions feel free to reach out I enjoy helping and talking REI.  

I got into real estate because I don’t want the stress and time constraints of managing PEOPLE.  

Has anyone had experience with this? 

Evictions cost about $1100 and then about a month of no rent and about 5 grand in rehab seems to be pretty standard from my experience. 

Hey Patrick, I actually ended up just meeting with my town's code enforcement officer and confirming everything with him. 3 other people in my town have used this program so far to build separate houses on their lots, so he had some experience with seeing the process through.

To fellow new investors, we would love to connect and share experiences on this journey.We look forward to participating in local real estate investment meetings.Thank you in advance!

Events can be lucrative but may require additional investment upfront.By focusing on these metrics and carefully analyzing cash flow potential, you’ll be able to make a more informed offer and have a strong foundation for negotiation.If you need help with financing options or further advice, feel free to reach out!

Memphis can provide an excellent platform for that, with its combination of affordability, rental demand, and landlord-friendly environment.If you have any more questions or need further guidance, feel free to reach out!