I have 23 rental units now. I bought a duplex in '07. The next opportunity came in late '09 when I met a motivated seller, an elderly couple that gave the a great deal on my next 11 units/4 properties. This couple sti...
I recently posted some questions regarding financial strategy involving car loan debt, student loand debt, mortgage debt and cash for new acquisitions.
There is a strong contingency of folks that claim you should nev...
I decided to post this in the STR forum instead of Loans because I think we'll get better responses from those of us in the STR world. In recent podcast #364, Avery Carl discussed her ability to purchase vacation ren...
This is just the start of my journey, both for this property and for my REI career, but I learned a lot in the long time it took me to get this property under contract. Want to share what I learned along the way in th...
Hi Guys, I have this crazy idea to sell houses without estate agents. There are numerous benefits to this other then the obviously huge financial benefits as an agents commission on average of 5% is not needed to be p...
Hi all! I am currently closing on my first rental deal! It's a 2 acre, 3 mobile home unit property with all three units currently rented. I just found out that one of the current tenants is a registered sex offende...
Hi all - I’m in the midst of my first deal and have hit a snag. I have an accepted offer on a distressed single family home in East Texas. My realtor had learned from the listing agent that the owner of the home had p...
I have a lot under contract that the seller can not sell until July 10. Seller bought the lot last summer before things picked up, and now realizes he can make a small gain by selling on long term capital gains. He ...
Has anyone used this site?
http://www.investornation.com/
It claims to sell "Turn Key Cashflowing Rentals." The only markets available for cashflow seem to be Memphis and Atlanta on their site. I imagine they are b...
So...I help "guide" my sister with issues pertaining to her rental property in MA. Which means I am the middle man so she doesn't have to deliver unfavorable messages since she is an owner occupant. She can "blame" ...