#29 rental was purchased today

[George P.]

We purchased #29 on monday. it's located in garden city, michigan. between westland, redford, canton, livonia and dearborn heights.

it's a 3/1.5 bath, basement, no garage. super outdated. 

this was a strange one. it was a short sale. it came on the market at 40k. got a ton of calls, i made the highest offer of 50.1k. the owner accepted, the 2 banks said "no, it's going back on the market at 69.9k"

long story short (long ordeal), 2 months later, we got it for 64k.

we wont start on it for some time until we fix up 27, 28. we are backed up with some of the work that we are doing for other investors on BP that are using us for their updates/rehabs.

my goal was 35, then i was going to quit my fill time job. i dont think i can get there with the current market conditions. but i will try. no additional pictures of the home yet. 

[Andrej Petrovski]

@George P. . Super proud of you!  Sorry to slow you down with my rehab ;)