Making owner finance work for you
Tuesday, July 07
It's always easy to talk about the back end of an owner finance deal when the cash is flowing and the the amount of work needed each month is low (especially if the deposits are automatically made into your account!). Reading a success story makes it seem like owner finance is a great way to get ...
First owner finance deal finally generating cash flow
Friday, February 13
It is one thing to know that it is possible use owner financing to sell a property, but it is quite another to go through the process and see money flowing in. As with any other kind of real estate transaction, every deal is different, and has its own quirks. With this being my first deal with ow...
Deal #3 Helping out a friend of the family
Monday, July 14
Unusual and unexpected circumstances. Long time next door neighbor died suddenly during a family visit to San Antonio in 2009 during a massive heat wave. By coincidence, her sister had died days before, and their nephew inherited two houses. He lived in Austin 80 miles away and did not want to de...
Deal #2: Motivated for more than the money
Sunday, July 06
In my first post, I talked about what motivated me to make my second deal happen. While visiting my parents and driving around my old neighborhood in San Antonio, I saw several vacant houses. I wasn't happy, because I didn't want to have my parents living in a neighborhood with vacant houses. I c...
My first deal almost didn't happen
Saturday, July 05
Back in 2002, I was in the midst of growing my very tiny startup in the online marketing world, and not knowing if the Internet business would be viable in the long term, I was exploring other options.After reading more than a few books, squeezing out any knowledge from online sites, and even pay...
The ASC Properties Creation Story
Friday, July 04
The company's history is short, less than two years since its formation, but the back story is a bit longer. Created in March of 2013, the stated mission of ASC Properties is to provide housing for individuals and families who are willing and able to live in and contribute to the Eastside of San ...