Does anyone have an investing strategy of buying and holding property in low income neighborhoods? I have heard the saying, “the poor” need housing too. I am curious if anyone has made a niche out of this type of inve...
how different is it from residential?
I just left this message below in reply to a forum post recently. I thought I would share it with all here to document my path and to inspire others to follow a similar path and stay away from late night guru garbage...
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
Hey there, BiggerPocketeers!As we begin 2017, what do you see as your biggest challenges your business faces? If you're a new investor, what challenges are you experiencing in getting your first (or next) deal?
“To whom it may concern” is how my letter started out.It was 9 years ago and I had finally, after 10 long months of looking for my first investment property, found a deal. It was a 4 bed, 2 bath house in Duncanville, ...
I recently came across a small duplex that is FSBO in a ghetto. I've heard about the strong cash flow properties in low income areas can produce but I'm also aware of the downfalls of investing in not so favorable are...