by Brandon Reynolds | Apr 7, 2009 | Real Estate Investment How-to Articles
Ever thought of buying a used U-Haul? A Missouri landlord bought an out-of-service U-Haul truck to offer as an extra perk to rental applicants and new residents. He bought a used U-Haul truck for just a few thousand dollars. When applicants are applying, the landlord...
by Brandon Reynolds | Apr 7, 2009 | Real Estate Investment How-to Articles
Explain your rent collection policy to all new residents before they move in. Have this policy in writing and stress the seriousness of prompt payment. Remind new residents that late payments may affect their credit rating. Have the new resident circle and initial the...
by Brandon Reynolds | Apr 7, 2009 | Real Estate Investor Success Stories
I bought a 5-bedroom, fixer-upper home in an old neighborhood that had $2,000 in back taxes owed on it. I paid 500 bucks for a quit claim deed, then sold it on payments to an investor for $7,500 cash–and they must assume the taxes on the deal. I got $1,500 down,...
by Brandon Reynolds | Mar 11, 2009 | Real Estate Investor Success Stories
I found a 4-bedroom bank REO (real estate owned), with a full basement, 2 baths, 2-car attached garage, central air, a utility room attached to the garage with outside access and a heated 10 x 10 vestibule. I offered $52,000 in “as is” condition. I paid...
by Brandon Reynolds | Mar 11, 2009 | Real Estate Investor Success Stories
Last April, I purchased a foreclosure at a great price. I spent three months fixing it up looking great. Then I put it on the market. To make a long story short, I FINALLY closed on Dec 12th. I still made money, but I had so many headaches–home inspections...
