Making Mailbox Money with Land Contracts, Flipping, and Multi-Family Investing with Pat Sandro

Making Mailbox Money with Land Contracts, Flipping, and Multi-Family Investing with Pat Sandro

#landcontracts #flippinghouses #RPOApodcast Rental Property Owner & Real Estate Investor Podcast | RPOA (Rental Property Owners Association) | https://rpoaonline.org Episode 95 Pat Sandro is one of the original house hack babies. The duplex that he grew up in was owned by his father, and the rent from the other unit helped pay for his diapers. From that early age, Pat was paying attention to the way his father invested in real estate and self-managed the 36 units he'd acquired. But it wasn't until after Pat became a physical therapist that he realized the true benefits of real estate investing. In this episode, Pat shares the good times & the bad times. From the huge profits he made flipping condos in Florida before the crash, to the money he lost after 2009. Pat talks about the multi-family properties he's acquired, the land contracts that provide 'mailbox money', and the 'do-it-yourself' management style he learned from his father. Pat also tells us about the vacant home he purchased and the horrific discovery in the basement. You'll also learn about fair housing laws regarding emotional support animals, and how Pat found himself in trouble when he unknowingly violated these rules. This is an excellent conversation about the realities of owning and managing your own investment properties, and Pat doesn't hold back from sharing the good and the bad. Enjoy! - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - RPOA - Michigan's Largest REIA...become a member today! https://rpoaonline.org /membership • Free online leasing and real estate forms • Access to full credit report services • Free limited legal advice • Free technical assistance through the RPOA office • Contractor supplier list • Subscription to the Michigan Landlord magazine online • Huge discounts and rebates from local and national retailers • Online knowledge base • Weekly e-newsletter on issues impacting the industry • And more! Visit https://rpoaonline.org to learn more!