When balloon was due I put a HELOC on the property, paid the owner out, and took cash out for my next deal.

Vet property managers well; income can vary greatly in the same location due to the quality of the property management.

Hi all, I am familiarizing myself with at the Casper market and wondering whether any local investors can shed some perspective on overall property values relative to rents in the area.

@Jonathan Greene the property is out of state (I'm in a tri-state area).

Because you have to keep the same taxpayer as owner from the relinquished property to the replacement property I'd worry that the legal protection you'd want for a development TIC won't be there.DSTs have high fee but probably are the best path forward for someone who wants to be fully passive and avoid legal risk.

Hi Adriana, i'd suggest keeping the property.

@Gregory SchwartzBlame politicians for making it too easy to see these property managers.It is called risk mitigation and as a company they do not want to disclose personal information (even though they require it to rent to you).I honestly don’t see an issue with it

Has anybody sold a property owner to owner (owner financing)?

I recently obtained a couple of quotes for foundation repair on one of my rental properties.

I would offer 90% of the market value. if he sells it you with no agents he is saving 6%~ on real estate agent commission and the other 4% is a convenience fee in that he dos not have to endure showings etc. and you will get better pricing on a non-owner occupied property if you put down 25% is compared to 20%.