All Forum Posts by: Terrell Hill

Greetings Luke! Glad you finally stopped peeking through the BP windows and came on in and decided to take a little residency here! Im here along with everyone else to be the best resource that I possibly can be to you! I have a couple of properties in your neck of the woods (Reading) also.

Terrell Hill

Give me a shout and I will let you know what I know.

Nicetown Tioga ''Broad and Erie"

Thats awesome! 

Looks Great!! 

Greetings! just tried to upgrade and I am receiving," this code is expired" notification. 

21 and counting

1.  I 100% agree with your statement! I believe in this same way of dealing with people across the board! I live life according to the "GOLDEN RULE" so with that said I strive to "TEACH PEOPLE HOW TO TREAT ME". I choose anyone I deal with in life as a resource that I can also be a resource to also, in life's dealings.There are plenty of  tenants out there that live by the " GOLDEN RULE" also, You just have to try to keep yourself in a financial position where you can afford to be patient. You can pretty much find great tenants with the character judging skills that we all have embedded within us. I just want my tenants to keep me a close to the front of the line in their personal finances when life throws them those inevitable cure balls that I get thrown also. In turn I have enough wiggle room to be patient enough to get them through those times. 20+ tenants, been in real estate part time since 2005,been to landlord tenant court twice.

That's great to hear! You are an inspiration!

I have presented this type of financing option to a seller when the numbers on a perspective new property for me fit. The benefit to me when I have successfully executed this in the past was on properties that had great cash flow potential and the seller was just tired of the property or retiring. I could take control of thr property for 12-36 mos, get tenants in there and get it flowing. Tenants pay my obligation to the seller I get cash flow in my pocket and as the property continued to cash flow I pulled the trigger on financing because I already raised the money for closing. Plus the property appreciated during the process because the agreed sales price was based on a contract drawn many months ago. The seller gets cash flow without having to lift a finger and I usually offer 5K down and a monthly rent that works for both of us to sign a contract. If I default the seller knows that 5K is his. You just have to do your due diligence as with any other deal and its just another way to acquire great deals.