Valdosta GA Market Update: Dec 2024It’s been a while since I have been active on BP, but I am back!

As I update this on 2/1/2025 it is still the highest recorded sale.

We I purchasedthe property, the previous owners updated the plumbing, adding HAVCand updated the electrical.

I actually aim for not having any one real estate investment make up more than 1% of my net worth.

I m facing same situation .would love to hear your updates!

What should I be aiming for?

Although your message is from a while back, I'm happy to provide an update.

Updates For 2024 and Beyondhttps://www.biggerpockets.com/blog/what-is-coming-in-2024-fo...

A couple of years ago, I worked with an investor who never updated the contact information for the loan and the Bank call the seller (ex-wife), that day she was mad at her ex-husband and told the bank her ex allowed someone to steal their property from them and they got no money, she was kicked out of her house and there were strange people living there.This could all have been avoided if the investor did this process correct.Get educated, also I do not know your attorney but not many attorneys have the knowledge to do this process correctly. 

Aim for a mortgage amount that clears the remaining HELOC balance ($68K) and leaves room for any additional costs.