Why you need to keep an eye on Contractors
Thursday, October 08
As those of you who have been following me know, I am in the process of a full rehab. The majority was completed while I was on leave from the merchant navy over summer. The last bits being completed,while I have been back at work.The work has been carried out by our usual contractor who is also ...
Two tax sale multifamily properties for $6,200 - Will the gamble pay off?
Tuesday, September 29
Well way back in March I bough at tax sale,two multifamily properties at auction. It's been a very very long wait until now,to get them in my possession. We are almost there. It's just a case of recording the deed and then that's it, we can finally get inside.This was something I had never done...
Being consistent - Don't let anything get in the way of this
Sunday, September 27
( Perhaps I bit of more than I could chew? I took the ceilings out of the entire upstairs of the property,on what turned out to be the hottest day of the year. A hundred years of ash rubble and awaited me.So this summer while on leave,( many of you know I am in the navy ) have been spent fixing u...
Comming unstuck, almost
Friday, May 08
Hi Guys. So last week I mentioned I would talk about a Seller finance deal on a Duplex, I was going to buy. That has changed for now and I have learned a very important and valuable lesson.So the deal was my first seller finance deal and I was excited about getting the property, without going to ...
Pay now or you will pay later!
Thursday, April 30
Its been a good week and a lesson learned put in place. That's what it's all about!Our first property (we bought in December) had an old water heater. I tried to save money and get a bit longer out of it. As your guessing,that's right,less than a week later it went. It just so happened to be ov...
Investing thousands of miles away can work!
Thursday, April 02
So it's been a while. But since I last posted I now have two rentals in the Midwest. Both tenanted with 2.6 and 3% cash flow. I never visited them and that could of been a disaster!I spent a long long time researching perhaps to long! I read everything I could and a lot of business books. This...