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George P.
  • Property Manager
  • Livonia, MI
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#20 rental was purchased today

George P.
  • Property Manager
  • Livonia, MI
Posted Jul 30 2015, 10:01

just closed on #20 today. it's a milestone since one time we thought we'd stop "when we hit 20", and "can u imagine having TWENTY houses?"

i need a new goal and at this point it's 35, when i think i will stop working and just stay home. will i get there? who knows. will i be upset if we dont? not that upset.

anyway, here are the details:

asking - 67, then reduced to 58.

purchased - 51k

sq. ft - 956

3 bed/ 1.5 bath

no garage - a shed is present

updates - ~12k with the driveway, which needs to be replaced.

rent - $1,050 estimate when it's all done.

my concrete guy wants to buy it on a land contract, so not sure what will happen at this point.

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