Firstly, on top of all of your regular due diligence with buying property, you'll need to decide if you're going to get a bank/finance company involved or is it solely going to be the seller providing all the financing.If you include the bank, you'll probably want to check with them in advance to see if they're ok with having the seller's mortgage behind them as they take rates and payments on the second mortgage into consideration for their approval.Once you and the seller both agree to terms, best to get lawyers involved who can draft up documents.

Gabriel Rodriguez I invest out-of-state and it’s pretty much like being an absentee owner, just with...more risk :) You don’t intuitively know the right vs. wrong side of the tracks, you can drive by a property on the weekend, you’ll be taking a property managers work (even with documentation) that expenses are necessary, and you’ll pay for a couple of flights a year just to see the places you own.

A was considering changing out window units on a six plex in Oklahoma last summer and the quote I received was about $2900 per unit for single zone.

im currently new to real estate in general. what I did so far I went to my local court house and receive a list of abandon houses.

Lets say your NOI is 100k per year. and the cost of the property + renovation is $1milion. then effectively you receiving 10% Cap on the cots. 

When I got to the appointment I asked her to show me the Yellow Letter she received on the mail and it was one of the first letters I used to send with my personal phone number more than 3 years back when I wasn't very smart with my mailings.

If you can get $900 a month cash flow, which is over $10K a year, then over a five year period, you've received over $50K.

I worked at a large company closing a division that had sizable receivable on the books, and the company gave me full authority to settle it.

I'm looking at a property now that has been mis-managed by some adult siblings, who received the building after their parents' death several years ago.

Let me know if you received it!