Purchasing Rentals
In a previous thread, one investor mentioned that he had just started out and yet had acquired nine rentals in one year.
Was anyone else able to do this, and how? Did you begin with a lot of cash, were you able to take out a lot of loans, did you use creative financing, or all of the above?
Stories, please!
9 rentals is one thing, 9 locations is another. Purchasing 9 separate locations in a period of 12 months is not the money I will question but the amount of time it will take to process them, but that is not impossible either if money and man power are available. One thing I can say, it was not me but I would like to know more.
Contact someone from the Rhone Island Real Estate Investors Club (401-640-4261) and for the name of a managment company that they, or other members, use and recommend.
http://www.rireig.com/
Good Luck.
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Either that or join the club, network with other members and pick their brains.
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