Bought rental number 14 yesterday

After three months it finally closed! It turned into a short sale and will need some work. But it is still a good deal in our market. $134,000 for a 5 bed, 2bath, 1 car garage that will rent for $1500. 
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Comments

  • edited July 2015 Posts: 0
    Congrats!!
    We're buying #9, but 'slightly' different numbers here, though it was the cheapest brick detached house in the entire city and only few fixes: 2B1B for 223K and it will rent for $1500. Our numbers don't come close to yours, but with all the bidding wars we have no choice. We talked to a wholesaler, but the properties he has offered are never in the area we're interested in. So this must do for now. We're at the max of our workload and have to reorganize and delegate, #10 may not happen in a very long time.
  • COngrats!
    Creator of Invest Four More
    If you want more help with your investing, check out http://investfourmore.com/blueprint-for-successful-real-estate-investing/


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