29 April 2024 | 248 replies
Well, gotta sell the "disaster" before public will smile at the "cure" right?
10 June 2015 | 10 replies
My 1st purchase was a small commercial property, the owner had hard time selling because of EPA issues, worked out a win win for him and me, I bought it on contract he cured the EPA issues, I turned around and rented out for break even on all expense’s, worked a full time job, paid down the contract to the point of refi the property through a bank, in two years used commercial property to buy two laundry matts, worked full time job, a few years later bought a house at a good price to rent out with positive cash flow, worked a full time job, a few years later bought an 8 unit distressed apartment, did most of the work myself fully rented with a ton of equity now, working a full time job, few years later bought another 8 unit apartment, still working full time job, now a verge of buying 5 unit , but the deal looks real good so far, flipping houses now, to raise enough money to buy 12 unit or larger building in a couple years.I still have a long way to go, set your goal at where you want to be in 20 years, then how are you going to get there, then move forward one step and one plan at a time, slow, steady and smart.This about you and your world, I started with nothing no money but dreams, you can do it to, read everything you can get your hands on about real-estate deals and being creative by others who already been there and done that.Good Luck.