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I am very new to Land Trust and all the possible uses of them, but I wanted to post something here and here opinions on the validity of this transaction. I will try to explain to the best of my ability what I have...
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OK, here are the numbers for a SFR I purchased prior to knowing about BP. Numbers are bad, really really bad, but I'm wiser now, a lot wiser thanks to BP, and my next deal will be much better than this one was.
Pur...
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The owner wanted to do a seller carry for 200k with a 8.5% interest rate and Sale it for 300k.
After a month of the seller bluffing about all the buyers they had we finally got it done. Here are the details of final ...
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Hello All! My grandfather recently passed and my (paternal) grandmother is looking to sell her home. My mother lives on a fixed income and is currently renting an apartment. My plan is to move my mother into my grandm...
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I’m a big fan of cash reserves. The covid outbreak has only emphasized this. The problem with cash is that if you have any form of debt it literally costs you money to hold cash. To get around this I have a big line o...
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Hello Everyone,
I don’t know if it’s only me, or rest of you feel the same way during this pandemic. Seems like government’s main concerns are related to tenants and businesses that have employees, whereas; landlord...
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Hi; I'm a new investor who had the privilege of pitching my plan to a panel of experienced members at my local REIA club. They told me lease option deals weren't popular in California because you run into problems wit...
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Even before the pandemic (2019) my strategie had changed, I stopped offering year leases and instead only offer at-will leases to residential tenants. Fast forward to the pandemic and the entirety of our portfolio of ...
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We recently took a job in CA and had to list our 1905 Historcal home that we renovated for sale in a market that is not ideal for selling a home in rural Upstate New York. Knowing our options were limited we agreed to...
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Have you ever had an emotional tie to property? What did you do about it? How did you weigh pros Abs cons?
I’m not *really* a newbie at managing real estate, but definitely never looked at it as an investment the way...