Basically he outlined how he got his first land lot from there for $4,000 and put down 10 percent and sold it for $6,000 before the rest was due.I believe the land lot was in Fishtown but this was about 30 years ago.

It outlines the following numbers:We agree to accept proceeds generated by 720,000.

As I see it, Joe has two options, which I will outline below.Option A allows Joe to pay $1,000/mo. in rent, stay in his current home, and collect $1,000/mo. from each of his duplex renters, totaling $2,000.

If a new lender has aggressive enough terms, it might make sense to move the loan and pay the additional closing costs.A lender will typically not call the note unless there is some sort of default, but if you're concerned about that, ask the specific lender you're working with to outline what scenarios they might call the note under.If you're talking about a residential property held under your personal name, you might be better served to look for a Fannie/Freddie product that has a 20-30 year fixed option.

I have started making a real estate plan thanks to BPs outline and plan on executing my plan within a couple of months.

Hello @Mitch Davidson, thank you for taking the time to outline all of those branching options!

We took care have having the tree pruned and roof repaired, then sent the bill to the neighbour - with a letter outlining our expectations he would pony up 75% of the cost.   

., methods for tracking spending, lists of contractors, insurance, how tenants will pay us and how they will contacts us etc...) but any recommendations on books that outline a to do list prior to buying that  first buy and hold?  

Jon Buist you could have an attorney draw up a Joint Venture agreement outlining how much capital, work and profit each is entitled to.You could also create a new LP or LLC and assign or transfer the property to it.

First outline the plan then execute