My broker left town for 10 days and put me in charge of all real estate issues in the office. I’m not doing property management, per se. But, the two things do seem to overlap at times. I get to give orders a little bit in the maintenance department. There are several more experienced agents [...]
Well, today was a little frustrating, both on the investing and sales fronts. The seller of House 16 and I have been haggling a little over some of the additional clauses I wrote into the contract. They’ve had some good points, such as there’s no need to have them deliver the pro-rated rents, deposits, keys, [...]
Well, we’re about to be under contract for our sixteenth house! I’ve told you about it before in this older post.
The seller wanted $70,000 for the house. But, after I explained to him what I explained to you (with comps he could see for himself, of course), he took my first offer–$63,000. I would not [...]
Well, I pictured myself running that seminar I wrote about in my last post. Everything was going swimmingly, until….somebody asked me if I own any big multifamily property or other commercial buildings. The answer right now is ‘no’, of course. But, I’m close and getting closer by the day.
I want to be totally qualified to [...]
Wow. I’ve been asked to put on a seminar about commercial investing. How perfectly terrifying.
Remember I’d written that the reason I got my real estate license was to open doors for us in our investing? Also, I wanted it to become another stream of income so I can free Michael from his corporate job and [...]
Duplex: Two beds, one bath, no garage each side. Both sides are rented, for a total of $1060 gross rents per month. Tenants pay all utilities. Asking $74,900!
Duplex: Three beds, two baths, no garage one side. Other side is two beds, one bath, no garage. Three bed side leased for $600/month. Two bed side just [...]
The dude who owns the property management company I work for (well, I don’t work for the company, I work with the broker–I don’t have a boss) has a house for sale. He called me last week to let me know he wants to wholesale it to an investor to let them fix and flip [...]
I thought I’d take a minute and give all my readers a little insight into the “World of Real Estate Sales” that they would never normally see. I, myself, never understood anything about being a Realtor before I actually got my license. Well, I did maybe very slightly because I spent some time getting to [...]
I swear, I haven’t had any signs out in front of House 8 and already I’ve had multiple people call me (they got my number from the neighbor and the handymen) asking to rent it before it’s even done!
Today, though, I got a call from a lady who showed up to House 8 yesterday when [...]
The rotten egg tenants are paying in full today! I really didn’t even want their money anymore. If they can’t play well with others, I don’t think I want them in our Quadplex 1. I don’t want them upsetting the tenants we want to keep–the rest of them pay $525/month rather than the $425/month the [...]
