Clearly the journalist had a bit of an 'ah hah' moment.

Hi BP,I am a fairly new investor, I only do this part-time at the moment but I manage and do all of my own work.

At the moment, they are month to month on the lease with the previous owner.

If I were to use my money from my job to pay it off in 5 months I would have to use up my whole salary which isn't possible at the moment.

At this moment I don't need to live on the property personally.

We are always looking for and want to move into buy and holds of all types (multifamily, storage, etc) to build our passive income to be able to retire and spend more time with our beautiful daughters.We are very excited to get started and make our first deal.

My interests are in long-term investing (residential buy and hold/rent), and I would love to meet other people in the Little Rock or Central Arkansas area with similar and different REI investing strategies.I think my brain has absorbed all the books/articles/websites it can at the moment, so right now I'm trying to make some local REI contacts in the hopes that it will spur me on to further action.

Attorneys will generally give you a few free moments on this topic as it can be the source of them being paid in a matter.

In reality, in areas of historical high demand, that demand continues for many reasons (healthy local economy with a broad based job market, natural beauty, good schools, medical care, etc.) with demand comes higher prices.

It's a beautiful thing because you can leverage at a usually low rate from a heloc or a cash out refi...your payments also usually don't go considerably up unless you are taking out a considerable amount.