Are you demo'ing only a free standing building? 

Suddenly, $120 for four-plus hours of management doesn’t seem too bad.Purchasing rental property is a great way to build equity and diversify your portfolio.

Long-term objectives play a crucial role; selling might be preferable if you need funds for other investments, while renting could be beneficial for building equity and generating rental income. 

So, we have a few possibilities: 1) My parents could sell the home and buy a new one with cash which we could do a land contract again. 2) My parents could buy vacant land which we can then build on. 

Very excited to take this next step in my life to become an investor and build a rental portfolio.

🏡 Hey there, real estate aficionados! 👋
Leon here, thrilled to be diving headfirst into this bustling community of property enthusiasts. Coming to you from the picturesque landscapes of Grass Valley, CA, just a stone...

My interest is in building wealth through eventual buy and holds, but still working on the savings end of it all.

Account Closed - If you were interested in picking up a RE License here in NC, we have a team of agents who property manage for clients as well as help them find properties to continue and build their portfolio.

It takes time to build an income you can live off.

My strategy for REI has been to build a portfolio directly purchasing and leasing real estate but at some point start to transition my funds into private lending others' opportunities and getting away from being the actual owner and manager of properties.