1 Year in RE Investing
Tuesday, December 17
October 1st, 2019 marked our 1 year mark. Real Estate investing has been SLOW. I am still in the mindset change period in large part due to reading RICH DAD, POOR DAD. We have 1 single family home under our belts and currently have a duplex under contract. So far.... single family home has cash f...
4 months in RE Investing
Thursday, January 17
We are four months in to real estate investing career. With the new year I wanted to update the blog. One of our goals (my wife & I) is to purchase another rental property in 2019. We are looking for a minimum of $200 cash flow but of course more is better. We are open to another single famil...
2 Month Checkup (Tips)
Monday, November 05
It's been two months since my first investment property purchase. The process has been difficult but very rewarding. I want to share a few things that have been beneficial for me along the way.I am currently using a platform called Cozy. It handles all the rent payments and directs them to my ban...
Pictures of Our First Deal
Thursday, September 27
Here it is, in all it's glory. Nothing fancy and needs a little work. We set up a Cozy account and asked that the tenants use an automatic payment. Cozy is nice because it will automatically charge a late fee for whatever amount that was legally agreed upon in the written lease agreemen. It also ...
Closed on Our First Deal!!
Tuesday, September 18
My wife and I just closed on our first RE deal!!! It wasn't perfect by any stretch but we are finally in the game! The home price was $105,000 for a 1952 3 BR 2 BA home that already has established tenants. There previously a few renovations completed by the homeowners over the years including a ...
The Due Diligence Process
Tuesday, August 21
The whole process has made me nervous... From meeting with home inspectors and contractors to spending hours and hours researching. It's a process!! This particular home has a few things that NEED to be addressed right away. There is a drainage/grading problem and all the runoff water hits the ba...