The property was available at a low purchase price of $40,400, which Doug negotiated effectively, leveraging his local market knowledge.

Partnership with Cindy and Damon Robbins: Collaborating with this dedicated mother-son team allowed us to leverage their commitment and local insights.

Be nice to get 30 years if possible but no one local does that. 

Right now my cost assumptions look something like this: 25,000 ft to yield 250 units Acreage needed for 250 units = about 1 acre (Depends on local municipality requirements for detention, setbacks etc but for now this is my assumption)25,000*$50 = total buildout cost less land revenue $ *.35 = opex cost thanks! 

I have a friend who has a ton of property in Bakersfield, Ca so I'm still keeping my eyes on local.

Hi, I recently bought a free-and-clear house at the local tax auction for $25K, When I claimed it, the former owner had left everything in place and it needed a cleanout.

Hello, I'm new to investing and active in the market.

Check with your trusted local licensed electrician.

I've been investing since 2018 and have 25 properties (37 doors) that are local to me that I self manage with my wife in central Florida.  

It is true that some lenders might look at your returns differently and most of the time we, as investors, stick to smaller, more local banks to get flexible lending.