All Forum Posts by: Pavs Doychev

Today I will post some pictures of house two and three I got a new phone about six months ago and have no pictures of house one.

House two: This is after putting a roof, two weeks after purchase

House three:

This is the main bathroom on the main floor

This is the main kitchen

This is the kitchen in the basement ( sorry its a bad picture)

Two weeks after buying the house, The contractor took the old plywood of to replace it and found this (don't know if it works yet)

As far as how I got here... In high school as a freshman I was buying and selling cars. At the end of my freshman year I had saved 13+/- k  I took that money and had it doubled in savings by my senior year. Then got a job as a dispatcher at a company that my father worked at. learned a lot about the business and now work full time in the transportation/supply chain industry. This is my first semester I'm not doing school. As of next semester I will be a part time student at a local college. Only thing I can say is spend less then what you make. Working a lot doesn't really give you time to spend money.

I don't really know about financing, I tried to get a equity loan for a property,  that I couldn't afford, I had the first two houses all paid and tried to get a loan for a third one that I liked in a very good area of town.  I tried with Chase Bank but never got passed talking to the banker, Do to the fact I didn't live in any of the houses they couldn't help me out with a equity loan.

Thank you for the support from everyone on here. I wish I knew about this forum from the start of my adventure.

Okay, Sorry about the short post I posted, I was driving home from work last night listening to a BP podcasts, at some point Brandon Turner mentioned how important the interaction with other member is... so I figured I would at least start with my first post.  I've been a member so sometime now but never posted anything. 

Ill give you guys some information on what I have done the past year and a half.

My first house was purchased march of 2014.  4 bedroom 1 bath built in 1951 Got it on a short sale. My agent had this listing for about five months with no showings so I decided it was worth the drive to at least see the property.  THE PLACE WAS A DUMP!!!  end of story they had it listed for 29,000 they dropped the price twice in those five months to 24,500. So I put a outrages offer of 10K not really thinking I would get the house, two days later the bank accepted the offer and I got stuck with the home. lol  The roof, porch, siding, and interior had to get gutted, at this point still getting worked on.. The kitchen is left and the basement has to get sealed up.

House number two:

December of 2014 the house sat on the MLS for quite some time and the bank put it up for auction. 2bedroom 1 bath with a one car garage 719sf small thing. purchased it for 25,000 the rehab was 7000. Current rent is 750/m

House number three,

July of 2015 this property never hit the MLS. 3bedroom 2 bath with finished basement and a second kitchen in the basement. Got it for 30K almost move in ready condition, minor repairs. Rehab will be less then 4,000. Hopefully will hit the market by the 15th of this month. at 1000/m

As a new member to Bigger Pockets this is my first post about my self. 3 homes by the age of 20.... Hopefully 20 homes by the age of 25 as a goal.  Having a full time job in the transportation industry with a busy job of 60+ hours.