Fall 2014 Has Been Good! My last 30 days.....

5 Replies

Ok, so I bought 3 Properties in the Last 30 Days and financed another one for a fellow investor with a private mortgage.   Its been a fun month!  

1st house was a good deal, working on rehabbing it now and will list it for sale soon.  

2nd buy is a 3 Bed 2 Bath in Garden City that will be my 10th Rental.

3rd purchase is a commercial property directly next to my business on Ford Road.  It will most likely be redeveloped in the future to expand our store.  (I am a Pawnbroker by Day) 

Still seeking another rental property and more Opportunities to lend cash as a Private Lender in South East Michigan. 

Anyone else have any good success stories from the Fall of 2014?   

-T

@Thomas Blaine  

are all of your 10 rentals buy/holds?  What do your other 9 look like?  How is the cash flow and how leveraged are you?  You have built a nice portfolio, my friend.

They are buy and hold for now.  I will sell when the time is right or if I need cash for another deal.  

The other homes are mostly the same.  3 Bed 1-2 Bath Homes with Basement & Garage. Most are brick Ranch.

2 are commercial Properties that my business runs out of.  The business pays me rent for the buildings.   Nice perk!  

The commercials are financed with a commercial loan.  Some of the houses are free and clear, 1 is mortgaged by a private investor and couple others are financed with regular mortgages.  

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Sounds like you are having a great fall indeed.  Congratulations.

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