5 Tips to Improving The Way You Manage Your Rentals
Tuesday, June 20
Buy and Hold real estate investing is one of the most effective ways to create additional income through monthly passive cash flow. Since starting this blog, I've had a few conversations with people interested in buy-and-hold investing. A common concern that's come up throughout these conversatio...
Plenty of fish in the sea
Tuesday, June 20
In my last post, I analyzed two properties that I was interested in, and ended up putting an offer in for Property #2, priced at $155,000. I structured a seller finance deal, offering $135,000. I was in negotiations with the seller for several weeks, but unfortunately, the seller ended up getti...
Two Buildings One Offer
Tuesday, June 20
I hope you had a very Happy Easter! I am happy to say that things have been very quiet at my rental property. So quiet that I have been crunching some numbers on several properties that recently came on the market. I found two prospects that could work as a second investment property. I am lookin...
Barriers to Entry!
Tuesday, June 20
In my last post, I talked about an unfortunate inherited tenant situation that ended in a notice to vacate. The stress and headache of a bad tenant is something that I would never wish on my worst enemies. Luckily, I was able to get this person out quickly and fill the vacant unit with a gre...
Bad Tenant, New Beginnings
Tuesday, June 20
I feel like it is becoming a cliche with me starting my posts with "A lot has happened this month," but seriously, A LOT has happened this month. February is Black History Month, Valentine's Day, and I removed a tenant due to a delinquent rent payment and filled the unit with a great, new te...
30 Days In
Tuesday, June 20
Happy New Year!A lot has happened in the first month of managing my property. For starters, I collected my first round of rent payments! This is one of the best feelings in the world. Also, I had the privilege of meeting my three tenants. I was nervous to meet the tenants, but then I thought to m...