Don’t “have to have it”, but it’s a nice addition to my portfolio.

Your account requires additional review and research."

Bought my first rental in 2010, got my real estate license in 2013 and bought a property management company in late 2015This is when my life changed and I became exponentially happier.I don’t punch a time clock and I’ll never go back.Since 2015, we have been hovering at around 115-130 doors that we manage for investors, as well as my personal units.Between last year and now, I have personally acquired an additional 10 doors through bank financing and owner financing.Through partnerships I’ve put together a few deals and have a 17 others (two duplexes, one 12 unit apartment, and one condo) .I love the podcast and this community of investors.Thanks,Dave Fulkerson

872 sqftWith that in mind there are some things that are still decent:-HVAC is good, just need new heaters installed-Plumbing is no problem-Roof is fairly newNeed to be done:-Electrical needs some new work done-Demolition of the rooms -Basement - Kitchen needs to be fully renovated -Building 2 new bathroom + half bath-With a possibility of a 91 sqft addition in the back!

Just add it to the list of expenses and let the business pay for it. 

I would be getting estimates for electrical for 3 additional meters as opposed to ever considering having utilities in my name.

It's true that in the Hi-Desert some properties are very remote and may present an additional challenge.

In addition, you'll also have to see how much work is needed to get the home fixed up (i.e. floor repairs, roof repairs, air conditioning and heating, plumbing, etc).

It’s great to hear how low vacancy rates are and that there aren’t any hidden taxes or additional fees in the area.

Additionally, you will be required to show two years of tax returns and have cash on hand in order to qualify.