I have decided to partner up with another investor to buy this property together.

When operators mention employer names or area amenities, they should look at where their actually tenants work and pitch that vs just big name companies whose employees might not ever live in the building.They always pitch no capital calls, but will be interesting to see how investors fair after inhouse loans will be paid off to the properties they needed to do that with. 

The key is to create an amazing property, in a great location, then manage and market it better than the sub-par property managers in the area. 

We play games called, "lets show the property to a perspective tenant" and "lets go to closing together" and "lets deposit money in your bank account" and "lets review your college fund investments".

When it comes to 2-4 units not all markets are created equal. the northeast and midwest tend to have a lot more market for these properties then do newer areas of the south and west. 

We put 12% down on the property at a 5.99% rate and contribute another $120 or so every month towards the principle. 

My main goal is to just purchase and flip my first property while using the contacts I have back home.

I've also managed to save roughly 60k for a down payment/cash reserves on another property.

I don’t hear much about turnkey properties on the BP podcasts.  

Hello BP Community,I have been approached by the holder of a seller-financed note (for a property I purchased from them) asking if I would be able to repay my note earlier than agreed.