7th deal 9 unit
Wednesday, November 04
It was a cold December day. There was at least 4 inches of snow even on the roads. I was driving home from work trying not to crash or get stuck when I saw it. A kiko auction sign and it was for today just 30 mins from then! I stopped by. It was a 9 unit building and a 7 unit building for sale by...
5th and 6th deal in the ghetto
Tuesday, July 07
I did not have much money to invest at all at this point and neither did my financial partner as most of the money was tied up in my rentals. All the houses I could find in my price range like 10,000 was in horrible neighborhoods. However the rents still were good and it looked like I could get r...
4th deal back up strategy compromise
Tuesday, July 07
Shortly after purchasing my third deal I was running short on cash and wanted to invest in another flip like my second one. I was able to get a bigger house less charm but more bedrooms and bathrooms in the same neighborhood as my second deal. It was a foreclosure listed at some where between 25 ...
Third deal lesson learned
Tuesday, July 07
I was excited about my business and that I had gotten a rental and flip in 1 year. My beginning strategy was to get a rental with my money and have it pay itself off. I had also learned that flipping was a good strategy to get good cash so I decided maybe doing 1 flip and buying a house with the ...
Second deal first flip!
Monday, July 06
My second deal I was able to obtain a private loan after only a few months since my first deal being rented. I was excited for this house because it was in a great neighborhood in my opinion and it was another foreclosure looked like it only needed painted and cleaned and the basement looked pret...
First deal
Monday, July 06
My plan seemed simple. Buy a house and rent it out. Instead of having my money sitting in bank with 1% the rent would start paying me back hopefully within 10 years. Then I would have all my money and a rental property and maybe I could do it again. I looked at a lot of houses most were out of my...