Newbie Narrowly Escapes 2 Catastrophes in 1 Year
Sunday, July 21
I bought my first property a year ago. I thought it may be informative for newbies to see what "a year in the life" looks like from another newbie. First, I bought a 1000 SF townhouse (5 yrs old) as a VA foreclosure. Paid $57K and added another 8K in repairs/maintenance. My out of pocket costs...
Looks Like I May Have Dodged a Bullet
Saturday, September 22
To continue the story. Florence slowed in her approach toward the coast of the Carolinas. And she turned slightly south but mostly west--away from my property in Jacksonville, but directly toward the city of Wilmington. That meant that Wilmington would take the brunt of the wind damage, but are...
Will a Hurricane Eat my Paycheck?
Friday, September 14
About 8 months ago, my son recommended the book "Rich Dad, Poor Dad," to me and suggested I join the Bigger Pockets community. I was immediately hooked. I read, bought more books, listened to podcasts, and on 6 July 2018, I bought my first rental property 2500 miles away in the coastal region o...