Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.

Posted about 8 years ago

At the 5 yard line...

Hello fellow investors, flippers and whatever we want to call ourselves these days..

Wanted to share where I am on my path being I have no written on here in a while.  So contracts have been signed, and now I'm attaining the mortgage through a lender.  I don't foresee any issues, but you just never know nowadays (crossing fingers)....

This is a duplex that I intend on managing my self.  First and last time I'll do this managing. Why?  Because I'd like to be in the weeds and thick of things to start.  In my humble opinion it's the only way I tend to learn.  No to mention I can walk into a room and pretend I know what I'm talking about lol...

In any event, I'm already looking at my next deal...a 4-plex.  This one needs a substantial amount of work (like north of 70K worth), but in my mind worth it, because of the low asking, not to mention it has  a decent CoC return, a bit low in % for my criteria bc of the rent, but not far off.  I figure I rent for 5-7 years, and trade up for a bigger property with more units...perhaps 10-12...I will be a bit less aggressive in 2018, as I intend on moving perhaps house hacking (most likely LOL)...to keep my expenses low...as I continue on this quest.


Comments