real estate

Discussion in 'Ask An Owner Operator' started by Pete 389, Apr 5, 2022.

  1. broke down plumber

    broke down plumber Road Train Member

    3,255
    24,687
    Jan 25, 2024
    0
    aint no way in hell im renting to own or toteing a note . Pay out right or bank loan in full or no sell . Just my humble 2¢ .
     
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  3. cuzzin it

    cuzzin it Road Train Member

    3,498
    8,797
    Jan 19, 2008
    Berea, KY
    0
    Getting financing on land is not real easy. And drives the price up. Selling on Real Estate Contract (REC) is way to go
     
  4. shatteredsquare

    shatteredsquare Road Train Member

    1,403
    1,832
    May 23, 2014
    middle dirt
    0
    real estate is the only thing that exists guaranteed to *at minimum* double in value without fail every 20 years. plus in owning+improving+providing, being a participant manager, it's all about improvement/healing/repair/growth, everything about real estate is a positive. being a participant is a positive. it's HARDER. but I think that's what necessitates the *positive*. just know the legalities backwards and forwards before hand, the alternative to *positive* is, uh...personified by what u will inevitably have to deal with at some point in the unscreened tenant lottery. but an ounce of prevention outweighs a pound of cure, filter filter filter. there's tons of audio books on tenant screening and the tenant/landlord rights, and each state/county is different. but if you know your stuff you can set it up correct from the get go, everybody benefits, u r protected, and clowns know up front not to even try.
     
    dwells40 Thanks this.
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