-- Happy wife, happy life-- House hacking definitely boosts networth.Both boxes are checked!! 

well if you charged no interest on the note ( which is done I do it occasionally)  but its so short term.note investors are going to want on a bare land deal like this probably 20 to 30%  yield to them. so the discount will be more than the yield of course since they have to wait 18 months to get paid out.I would expect if you can get a offer to purchase and the note is 10k you will get offers for 5k or so for that note. buy private notes is a big business there are many investors who just troll public records and send out direct mail like you got.. 

For my 4 unit I have done this for 3 years with 0 vacancy and it gives a big boost to the cashflow. 

I personally have rentals here in Houston, the cash-on-cash return and appreciation are steady.You need a team of local professionals like property managers, contractors, agents etc.A local Investor-Agent can help shorten your learning curve and save you a lot of headaches as they tend to understand the market better.You should select a market that will meet your investment goals.Here are four key reasons why investors purchase rental property out of state:Invest in geographic areas with population and job growth is strong.Diversify a rental property portfolio with markets that best match your investment strategy.Focus on the type of returns you’re looking for, such as maximum cash flow, high appreciation, or total yield over the targeted holding period.Operating expenses are lower in markets with fewer regulations, lower property taxes, and landlord-friendly laws.Finally, as mentioned earlier, it's crucial to build a great network of professionals to help you and to occasionally visit your property yourself.All the best!

You have a brand new listing that is getting boosted to the top.

The goal is not to get your dream house as the first house, but the goal is to use other houses to boost your net worth which catapault you towards your dream house. 

“Alabama has benefited from foreign investment whether in land or in businesses,” said Alabama Association of REALTORS® CEO Jeremy Walker “That’s critical in rural areas of our state that need an economic boost.

We typically will run the yield which is:1.

As it relates to price, that depends on the yield you are comfortable with.

Evening BP community...question for the Lenders in the room that are smarter than me...So I have a potential deal...and this is how I would like to structure it...if possible350K purchase price on a SFR...80 % conventional...20% seller carry back @ 6.5% 30yr interest only with a 5yr call...and perhaps a 2yr prepay to guarantee yield to sweeten the deal for them...is this structure possible in today's financial world...is there a better way to structure the deal...This would be a fix and hold that would require around 40/50k in rehab...my numbers will work and have a little cash flow...which is damn near impossible in CA these days...How whould you do this deal...is there a better way to structure it...Thank you all for you input...and BTW...if your a Lender in CA...or lend in CA...reach out...thanx again 🤙🤙