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Updated almost 9 years ago,
Thank you BP, we bought our 4th property today!!!
A big shout out to Brandon Turner & Josh Dorkin!
My hubby and I are 27 and started into REI about 7 months ago. Here's what we've done so far!
In that time period, we've aquired the following:
1. Duplex for 16k. ARV of about 40k. One side was already rented for $450/month and we rehabbed other side and now rent it for $550/month.
2. 4.6 acres on a stream for $10k. Located in best school district in PA. On market for 50k or best offer.
3. 3bd/1bath split entry brick home with private yard, paved driveway and unattached single car garage. Great neighborhood. Bought for $27,500. ARV of $100,000. Will rehab and rent for $1000/month.
4. 2bd/1 bath home with deck and private driveway and yard. Move in ready; also comes with washer/dryer and oven. Bought for $30,000. ARV of $75-85,000. Will turn it into a 3bd/1 bath and rent for $750-$850/month.
THANK YOU to all BP members for your help! We are so excited on this journey and feel like we are doing well so far!
What are your thoughts? How are we doing?