This month we'll answer your questions and hear from a property manager who has made it work!

We also were able to take over the property with 20% of equity built into the deal, and it is newly renovated.

I’ve read the legal paperwork regarding what’s done in order to quiet the title on a tax lien property. 

I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split seems like a deal if the property is worth over $550k like you say it is.

BS, those same deals stayed on your marketplace for months after you said they were taken down, and they were not even available anymore (a "principal wholesaler" in your marketplace even told me one of the properties was no longer available, and your team was CC'd on that email!)

I’ve spent months doing online learning, lots of property analysis, and meeting people.

@Troy Bailey no we moved on because we got outbid to n the property.

I am not really in a position to purchase my first property just yet, but I am getting all my financials in order and saving up to hopefully buy something next year.

Does anyone know of straight software instead of a monthly/ annual service with a fee for a commercial real estate firm with less than 150 tenants? Quickbooks is too general although we have been using it for years. W...

But if it boosts the value of the property because we acquired these permits I could see it as worth it.