I just did my first Land Contract deal on friday! I put the house that I currently live in on craigs list up for rent and I had an older lady call me last wednesday! She lives in West Virginia right now(I am in Ohio) and wants to move here! I got to talking to her and found out she is a full time nurse she is 54 and her husband died about 5 years ago and she get money from his pension every month! She said I have owned my own home since I was 17 and this is the first time I am going to rent! (She is from Ohio) So I asked her why rent?

All,

I have just got a deal accepted that is 50% off the Listed Price as I don't know the FMV of it yet. You see, I submitted offers for 60 properties without looking at them and this particular one was accepted so far. However, it is listed as a total gut renovation or possible demolition prospect in the MLS. So my question is this, is it worth putting all the money and sweat equity into the propoerty, where I could have just use the money and rehab dollars to buy a more expensive house that need no work, and save my time?

I just got a call on my "looking for investors" craigslist ad. There is a company in my area who helps people find affordable housing(either those have just lost their house to foreclosure or just those who just need help). This organization works directly with investos around the area who hire them to find great deals on apartments and single family homes! Sounds familiar, right? Well, this organization is so busy, they don't have enough resources to cover all of their needs. So they called me!

I found this article and I just had to post it here. It really makes you think!

Answers to All Those Questions You Forgot to Ask About Land Trusts
by Mike Butler

It’s amazing to still see many investors who aren’t using land trusts at all, along with investors using them improperly. On top of this, there’s a boatload of investors who are victims getting abused with every property purchased. Somewhere out there, somebody knew somebody who had a friend who did this or that and the investor becomes a victim. Although hard to believe, some investors go to their local veteran attorney and amazingly have been told they’ve never heard of a land trust.

7 Reasons to Use a Land Trust
by Bill Bronchick

The land trust is a very powerful tool for the savvy real estate investor. A land trust is a revocable, living trust used specifically for holding title to real estate. Each property is titled in a separate trust, affording maximum privacy and protection.

Here are seven reasons to use land trust for titling property to real estate.