Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Oh Deer

25 Nov 2024 · 1 min

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0:34

A speaker at a Robin Hood event describes buying a Class A rental property near the Olympic Mountains and Hood Canal through seller financing with zero down. The property generates up to $20,000 in summer cash flow. He warns against buying low-quality properties in bad locations.

Chapters

Oh dear, we're back at the Robin Hood running another event. Guys, don't buy crappy properties in crappy places. This place, pretty cool, minus all the rain. That's why I moved to Texas. But there's our Class A property in a Class A place called the Olympic Mountains. That's the Hood Canal over there. This rental spits off a lot of money. I'm talking like our best month summer, it was like $20,000. This little thing, bought seller-financed, $0 out of pocket. Not too bad.

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