All Forum Posts by: Austin J.

Vanguard handles stock portfolios, right? I’m not sure what an annuity is actually. What’s the surest safest way to an 8-12% return in your professional opinions? What about private lending? REIT? Turn key Apartments with built in systems and teams/ property management in place?

My mom is retired, epileptic, and is very nervous about the money drying up. She is unable to be hands on whatsoever, and just wants something safe that will produce an income stream. What are her safest and best options? I want to help her. I have studied real estate for 2 years now and can find cashflowing deals for her but I am still a newbie. I’ve never actually done anything in real estate, she would be willing to invest with me but I would be terrified to lose her money.

Trying to buy a small commercial plaza. Asked the owner if he would seller finance any of it, he replied “i would probably take out a second mortgage on it”. How does that work and what does it mean?

I am manager/part owner of a pizza shop in Alliance Ohio. Our shop is located in a small plaza. The plaza is for sale for 223k. It has 5 long term tenants(us being one) and we are all on NNN leases. So far all I know is that it grosses 33,000 a year. The owner is open to some form of owner financing I believe. I have a good credit score but have never taken out a loan of any kind, and I also have little to no reported income for the last 8 months. I have $3,000 saved up, so clearly my options are very limited. I do have a business partner that would probably go in the deal with me to come up with the cash if needed, but I wanted to reach out to you awesome folks at BP and see what kind of options I can come up with using creative financing. How could I structure a deal?

4plex for sale for $134,900. "Well maintained brick and vinyl 4 unit apartment building. Fully occupied with all tenants on a month to month lease. Unit 1-includes new oak cabinets and new carpet. Owner pays this units electric. Tenant pays $435 per month. Unit 2-rented furnished for $450 per month. Tenant pays electric. Unit 3-newer counters and newer floor coverings. $415 per month. Tenant pays electric. Unit 4-rented furnished for $450 per month. Tenant pays electric. All 4 units metro approved. Electric, baseboard heating all separate meters. Owner pays water, sewer and trash with average of $164 per month. Includes all 4 ranges and refrigerators. 2 window air units owned by the tenants." Having $5,000 to invest, what are some creative ways I could buy this property without living in it? Seller financing seems most plausible. How do I structure a seller financing deal and present to seller or agent?

Ins and taxes = 185 per month

Fourplex for sale for $134,900. "Well maintained brick and vinyl 4 unit apartment building. Fully occupied with all tenants on a month to month lease. Unit 1-includes new oak cabinets and new carpet. Owner pays this units electric. Tenant pays $435 per month. Unit 2-rented furnished for $450 per month. Tenant pays electric. Unit 3-newer counters and newer floor coverings. $415 per month. Tenant pays electric. Unit 4-rented furnished for $450 per month. Tenant pays electric. All 4 units metro approved. Electric, baseboard heating all separate meters. Owner pays water, sewer and trash with average of $164 per month. Includes all 4 ranges and refrigerators. 2 window air units owned by the tenants." Having $5,000 to invest, what are some creative ways I could buy this property without living in it? Seller financing seems most plausible. How do I structure a seller financing deal and present to seller or agent?

Property has 14 units and they will probably take $375,000, 10 efficiencies and 2 2BR. They have a mortgage on the property and it cash flows $8990 per month. Profits 3675 after mortgage and all. What are some examples of How could I buy this property using a land contract?

I understand easement by prescription. But I keep seeing that "hostile and adverse" use of the land is necessary to create one. What is hostile and adverse use of land?

Thank you!