5/20/12 BP Newsletter: Pacing Your Investments, Increasing Profits, & Speeding Up New Deal Screenings

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Time to get back to blogging

Tuesday, July 21

So it has been a very long time since I last blogged. I apologize to you and myself for that. I am not only short changing you the readers but myself as well, you the readers give valuable feedback that I am truly missing out on. Well here is my chance to give everyone an update in the life of Ray Brogden. But where to begin??? I will start off with updates on my architectural journey, then move on to my Real Estate Investing Adventures.

Architecture Update:

I am currently still in the process of getting approved for my architectural license from the AIA. Once this happens then I am able to sit for the exam and become registered. I find it to be the old boy system. I am currently working on a bar/lounge in old city district of downtown Philadelphia as well as a few new condo buildings in the northern liberties section of Philadelphia. As well as other things throughout the area.

Real Estate Update:

Yewdall St:

I just finished the rent turnover and now in the process of screening tenants and looking forward to renting this unit August 1st for $750.

Point St:

I am finishing up the final touches of the finish work, very tidiness work. I have 1 room rented and now looking to rent the small 8x8 room for $500. I do have doubts about the amount. But we shall see what happens. anyone have thoughts on this?

Tudor St:

I am looking to sell this property for 150K. It is currently rented til Nov 31st for $1000 a month. I guess the worst case scenario would be to do another lease option, which is not bad at all.

Business Aspect:

I have been researching and contemplating on finding a partner to build up a buy and hold empire. This is something i desire to do but have yet to come across a viable candidate to partner up with that has the same goals and mindset that i have. Has anyone have any thoughts on this?


Comments

  1. Colleague_thumb_avatar-10worlds

    Karen Poles Reply
    almost 3 years ago

  2. Colleague_thumb_avatar-10worlds

    Karen Poles Reply
    almost 3 years ago

    Hello Ray,

    I've been finding your comments on HAPCO forum and now here. Its a small world.

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