SFR Rental Unit 2019 Update
Tuesday, April 28
Hey BP!2019 was a great year for my SFR unit in Beloit, WI. We went through a tenant turn over without a hiccup and did some great updates on the exterior. The old deck that was on it was rotting and questionably up to code. So we tore it off and replaced it with a poured concrete patio. KT Prope...
*Update* Historical Disc. Flip - 1st Flip Ever Turned into 1% Rental
Friday, March 20
I realized I have not updated this project's progress until now. In February 2019, the contractor and I were wrapping up the project and looking to list the house. We were also approaching the maturity date on the hard money loan we had, coming due in June 2019. We were able to list the house in ...
Historic Flip - 1st Flip Ever Turned into 1% Rental
Friday, December 14
***Update*** We are still in this house trying to get it finished up. We had to rewire and re-plumb the entire hose. Look at about 6 weeks to be completed. I've teamed up with a local General Contractor who focuses on fix-and-flips. We had a successful introduction to each other when he came to ...
VA Home Loan for a 4-Unit??
Saturday, May 12
So I just learned this weekend A LOT about the VA Home Loan. The VA Home Loan is a loan offered to veterans of the US Military. It's a long standing program with many benefits. 0 down, 30 year fixed-rates, and NO PMI. The best part? It is available to purchase up to a 4-Unit complex! Say what?! I...
Historic Flip - 1st Flip Ever!
Saturday, May 12
I've teamed up with a local General Contractor who focuses on fix-and-flips. We had a successful introduction to each other when he came to bid out a possible flip in my neighborhood. Although that particular house needed way too much work, we discussed our big-picture goals. Essentially, we shar...