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Updated almost 11 years ago on . Most recent reply

User Stats

107
Posts
24
Votes
Craig Montesano
  • Investor
  • Northwest, PA
24
Votes |
107
Posts

Just closed on #9....#10 in about 3 weeks

Craig Montesano
  • Investor
  • Northwest, PA
Posted

So happy to say we just closed on our 9th SFH. Sweet little 3 bed 1 bath. Pretty much move - in ready. Gutters need cleaned and needs a couple bedroom doors. Low 20s and should rent for $650 / month. One of the best things about this house is taxes are $550 a year.

We are going to close on #10 in about 3 weeks. 4 bed 1 bath with a newer 2 car garage. Bought at auction -- mid 30s. Should rent for $700 to $750 / month.

Got to my short term goal -- 10 SFH rentals. Now I'm going to try and get at least 2 paid off before I consider my next move. Right now I'm thinking my goal is to have 20. Or I may start investigating small apartment complexes in the Pittsburgh area, but that would require a PM. Not sure I like the idea of someone else being in charge of my property. Im kind of a control freak. Plus I like the idea I can get in my car and drive 2 minutes to one of our SFH.

Any thoughts?

I really have to thank BP for obtaining my short term goal...the forums, the podcasts, etc. have played a HUGE part in all of this. Thank you!!!

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