You might have to market more, but you can be the only game in town to fit that special situation.

Greetings all,I'm new to the REI game.

I can't expect others to have been through the path in life to be at some point where note investing is a natural progression.Reminds me of the game "Pick up sticks" where you dump sticks on a table and then attempt to pick them up without moving any other stick.

So what is your game plan?

You also need to determine who your buyer might be and begin to establish a list of investors who would be interested.

Sounds like you already closed, so for the next time you should have an estoppel certificate completed by each of the existing tenants; with that, you can establish conditions of the premises at move-in (along with lots of other things) - especially important if the seller does not have such records (hobbyist landlords and mom-n-pop landlords don't always use good paperwork and practices).Now, what do you do in your present situation?

That going on for a year establishes some ongoing relationship, and if they paid always on a particular day, say the first, it could be argued that this is the established due date for the rent and the type of lease, say a month-to-month base don the payment frequency.My statutes then also give a minimum time frame for cancellation. e.g. 28 days for MTM, unless agreed otherwise.I heard/read of some tenants who argued successfully in court that they were NOT late paying rent on the 10th, as it was established that in the past they usually paid on the tenth and it was accepted by the landlord.

This Realtor sends me auto-update listings which is one of the reasons I'd like to use only this person.Now I am getting ready to buy again and I just get the sense that there are a lot of games and pocket listings that go on in this business.

An interior designer and general contractor will meet us to map out a game plan and verify what we need to purchase the property for to hit our numbers.

There are many ways to get into the real estate business, but we need to know exactly what your end game is.