I have secured financing and I am ready to do my first deal.

Carpet is trashed, walls are damaged, doors ripped off hinges etc. security deposit covered rent but the rest is outstanding.

From there we went back and secured the arbitrage tri-plex with owner-financing and actually split the downstairs 2/2 into separate 1/1 units to add another 30k in revenue, and then in November we bought another quadplex that I’m turbo-excited about.

*Absentee owner, no marketing, no credit card options, no drop-off service, no web presence. 

I am studying Petroleum Engineering but have have decided that I am going to get into Real Estate Investing for some added security and stability when oil is down.

I just picked up a check for $6400 and change plus $1000 security deposit. $80 per day but I said he can stay 2 month or 2 years.

Now that I am digging into investing in direct real estate I'm noticing similar messages as what has/is being told about public securities!

I currently use my Roth IRA for secured loans, and I've got some resources, if you'd like to connect!

Propstream is a great web-based software that provides lists with property owners names and information.

So I would lose about $500 a month in possible profit, but I would gain in the security that no matter what I would not be stressed to have to make a mortgage payment  Thought?