I did it! I purchased my first property

[Charlotte Goodman]

The sellers accepted my offer yesterday for a small duplex in NC. I m NOW more nervous than I was. I have run the numbers ad nauseum and it works.  Stressed tested it, now to stress test me!

I have a friend that takes beautiful pictures of properties,  I remarked to her, I want to live in every one of her properties ( she sells real estate). She will be taking the pictures for my rental. 

I am buying some software for managing my propertie(s), as I am looking at my second property , making an offer, close to closing on this property.

I called a guy I know in the area, asked for his handyman and lawn guy.

This weekend after getting the Christmas decorations down, I will sit down with the hubs and try to define some SOPs for my new venture.

keep pounding my friends

Charlotte 

[Diego Alvarado]

Hi @Charlotte Goodman

Congratulations on you first deal!!!

Make sure that you get to the finish line though. Deals are not done until you sign the final papers 😁

I use stessa.com to manage my rentals and I don't pay anything. I wouldn't recommend to pay for a software. I use the free version of stessa.com and payments are managed using apartments.com

The first recommended is to get setup with the screening process, selecting a tenant is the most important task. Don't rush and be diligent if your gut says no, then don't do it and keep waiting.

Best of luck