(this was Upset Sale where all liens transfre to the new owner.)I am not an attorney, nor an accountant, nor a CFP, nor a doctors and am not giving legal, accounting, financial or medical advice.David KrulacBigger Pockets Podcast #82

Patel, Invest Beyond Multifamily LLC, and several of their known associates.

I’m trying to get my first single or small multi family RE investment started. 

Here on the Oregon Coast, I would attest to that accuracy based on the review of hundreds of financial statements for active oregon coast vacation rentals and the performance of nearly two dozen STR investors and operators we've helped acquire properties within the past three years. 

What is something that you thought was true about the real estate industry / investing, but turned out to be different  / not true once you actually gained the experience?

Investment Info:Single-family residence buy & hold investment.

Hi all,I had a timed investment finally become available and have been considering putting it into a STR venture.  

Hey fellow investers we are a investing couple that is still pretty new to this.

A couple of my best investments are single-family homes built in the 40s but they've been maintained over the years and don't have major problems.You say it "almost negative cash flow" but your rent income is only $126,000 and you've spent $150,000 on maintenance.

The property we have is an investment property we would like to leverage to buy another one that’s 153kThanks for your reply!