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Posted about 10 years ago

Closing first property and marketing house

My 4.5%, 30 yr fixed, conventional

Mortgage was approved and closing is set for Friday. The past few days have been a wake up call that I'm actually going to be responsible for this awesome investment! It really hit home when the current tenants vacated and I'm going to be the owner of a 5 bedroom house with only one student tenant! 

I needed to act fast, and so I made a website on weebly which has been awesome! Craigslist has been great and places 4 students also pretty good. I'm still not rented (it's really only been three-four days marketing, but i am confident it will have some occupants (not sure for what period of time) at least for the summer.

Marketing to get the right tenants is certainly difficult, but I guess it comes with experience I don't yet have. I reached out to a Lon agent to rent for me, but I don't want to pay the one month fee, and want to overcome the challenge myself, so I don't have to rely on management company to rent the place for me.

Stay tuned, but wow, what an adventure so far!

After closing Friday, my goal is to do 9 more deals this year! #10xrule @grant cardone @brandon turner! #jogtobppodcasts



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