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Updated almost 8 years ago on . Most recent reply

Michael Lee's profile image
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Michael Lee
  • from Salt Lake City, Utah
  • Member since Apr 16, 2017
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Michael Lee
  • from Salt Lake City, Utah
  • Member since Apr 16, 2017
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Michael Lee
  • Salt Lake City, UT
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Utah Real Estate Q&A Discussion Forum

New Investor Needs Help

Michael Lee
  • Salt Lake City, UT
Posted

I have heard about no money out of pocket investing. I am retired, I have no savings. I want to invest, to increase my disposable income. I have some experience in real estate. I have managed apartment complexes, 42 units or less. I have held a real-estate agent license. I am capable of managing rental units, but do not know how to begin with my circumstances. Any help would be appreciated!

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Ian Tudor's profile image
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Ian Tudor
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  • from Charlotte, NC
  • Member since Mar 19, 2013
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Ian Tudor
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  • from Charlotte, NC
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Ian Tudor
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Ian Tudor
  • Specialist
  • Charlotte, NC
Replied

@Michael Lee - my first mobile home park deal I was able to find the deal and the capital partner. I made a considerable finder's fee (over 75K) and kept a portion in the deal. No money out of my pocket other than my time of picking up the phone and talking to owners to find deals. 

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