Seller purchased for his daughter and started demolition. She made other plans. He is busy running a restaurant which we go to on occasion.(more now) we have had several free meals and free coffee or soda for life he says. Plus made a friend. He has a friend that is a contractor as well. People…

Single Family rental property in Tennessee.

We had become aware that this property was vacant, doing some research we found it had been foreclosed on, following it we saw it was being auctioned at an upcoming Sherriff sale. We attended and were the highest bidders, which it turned out was our final number so thank you to the guy who didn't…

This investment deal was a turn-key rental property purchased through the Passive Income Club and Memphis Invest. Every single aspect of this purchase was seamlessly handled through emails and a few quick phone calls. Passive income could not get any more passive! The rehab was completed during the acquisition process and the tenants moved in…

The sellers to this property is mentally ill. Therefore, the power of attorney (POA) gave us a call after holding on to our letter for over 8 months! We negotiated a price and put property under contract with only $100!. Since POA lived out of state we had to overnight all documents and even get…

This investment deal was a turn-key rental property purchased through the Passive Income Club and Memphis Invest. Every single aspect of this purchase was seamlessly handled through emails and a few quick phone calls. Passive income could not get any more passive! The rehab was completed during the acquisition process and the tenants moved in…

Single Family rental property in Tennessee.

I originally partnered with the owner to share in the profits and reduce carrying costs. The homeowner was unable to keep their commitments and the partnership failed. I secured financing to payoff homeowner and move them using my realtor to locate another property.

Bought this property from an auction, 90% of the property just needed cosmetic attention minus some plumbing and very basic electrical. House had sat vacant for two years as a foreclosure. Took me about six weeks to remodel and sat on the market about 60 days, I had it listed for $155,000, lowered it to…

we had been watching this place and even went tothe county auditor to find out the owner. We were unable to locate. Apparently it was a divorce and chapter 7 and eventually went on the MLS.

The seller of this property had put a poorly made advertisement on craigslist with pretty much no info, one of our business partners decided it was worth a call. It ended up being a completely gutted home in a very up and coming neighborhood. We had one of our realtor team members get us some…

Single Family rental property in Tennessee.

Dan and I have been real estate investors for many years although not as a business. It was not much of a stretch for us to show interest in the Passive Income Club as members of Fortune Builders which we became late this February in Phoenix. Terry Givens gave us a call and we talked…

I received this lead from another investor whom I have a positive relationship with. He wasn't interested in the area and called me to see if I was interested. I then reached out to the seller and found that his brother was the tenant. I coordinated a time with the tenant to visit the property.…

Single Family rental property in Tennessee.