6 months ago, I started with $1400 and bought two atvs to resell. Simple fixes, new batteries and carb cleaned ready to go. It was yard sale weekend in our town and I parked them out front, and within 2 hours I had them sold with a $1000 profit. Now I have over 35 units ($60k+ value) in inventory, always have something to ride, and have built a brand here locally as the guy to sell and buy from. If you have any questions or are interested in getting a unit yourself, feel free to reach out!

Sub2 is short hand for "subject-to the existing mortgage" which is a fancy way of saying "taking over someone's mortgage". Here is a quick rundown on how I was paid twice on one realestate deal and you can do the same: It's relatively easy to find a deal on Zillow if you're patient and persistent. I was browsing Zillow and exclusively focusing on houses with the longest days on market. Any time I came across a home with multiple price drops and >90 days on market I would dig deeper. I would use a software program called Propstream, although there are multiple available, to find out the mortgage information on the property. Whenever I found a home where the mortgage payment was significantly below market rents and the owner had a low mortgage rate (~3%) I would reach out to the agent with my offer. My offer was simple, I will pay the seller $5-$10k to walk away from the home and I would take over the mortgage. Eventually I came across a seller who was on the brink of losing the home, so rather than damaging their credit AND losing their home I paid them $10k to walk away from it. The mortgage payment on the home was $750/mo and the market rents were around $1,500 (this was in Villa Rica, Ga). Now I controlled a home that I essentially paid $10k for with a $750 mortgage payment where rents were $1,500. This gives me multiple exit strategies, most people keep them as a rental but I took this several steps further. Part 2. The exit I chose was to turn around and seller finance this home. I sold it for $20k down and $1,250/month to an end buyer. Part two moved me into the green giving me $10k profit and a monthly stream of income at $500/month. Part 3. Most people would certainly stop here right? I profited $10k and I'm making $500 a month for free... but I went for the extended cut. I now hold a note that is valuable to investors, I found an investor who was interested in buying this note and she gave me $40k for it. So she will net $500/month for 30 years and paid $40k for that stream of income. Win, Win, Win, Win for 4 people. (the lady who was going to lose her house, the buyer who needed seller financing, the note investor, and me)

All I see is a shortage of supply coming up. Maybe one day collectors will pay 2 cents haha

Not all farmers cultivate a stock portfolio. This is a place to discuss any alternative investments apart from traditional stocks and bonds.

This year I’ve invested in 4 rental houses, developed a new manufactured home and purchased a note. I will discuss each of these separately, the numbers, the funding, and how I found the opportunity.