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We just shook hands on a 6-plex deal-- owner financing-- 185K, 37K down at 3.9%, 30 year amortization, 10 year balloon. But he kept saying "land contract," and I didn't ask what he meant (face palm!!). When we got b...
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Hello,I am going to be investing out of state for my first rental property. What's the best way to go about renovating a property when I can't physically be there? Should I hire a property management company first so ...
Here is a case of Subject To done as taught today by some "guru"s. If you are going to do Subject To", which is legal if done legally and wisely, then learn from someone who understands the laws, to keep you out of tr...
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Hi all,I found a 17 pad mobile home park for sale about 30 miles away from where I live. The park owns 11 of the units and then charges a lot fee for the other six. I'm hoping to make it up there soon to look at in pe...
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Hello everyone! I'm not sure how long I should make this, but if I figured if I'm looking to work with other people, it would be good to clearly state what I'm after!My name is Elliott Joyce and I am making the jump t...
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I don't have much experience to determine if this tenant is good. So, post here to see what do you think. I got this email from my PM, and i think her credit score is too low but she has co-signer. Other then that al...
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My goal is to own 40-50 properties (or doors) within 5 years. My overall "why" is so I can finally sell or dissolve my company and live off these rentals for passive income. The question now becomes... what strategy...
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I am about to start my STR journey with a 2/2 condo in Scottsdale, AZ. I plan to start with AirBnB but still assembling my team. Does anyone have any recommendations for cleaners and handymen in the East Valley? Do ...
Hello all!
There is a beautiful condemned, boarded up home with an incredible view that I am bird dogging for an investor. All of my, 'pre-negotiation phase work,' is coming to a close, and I can't EXACTLY p...
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Hey everyone,I'm working my through a fairly familiar scenario, looking to jump into the brave world of multi-family REI without having the seemingly $100k+ in liquidity to start out with.One strategy I'm considering ...