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re: Information for my fellow Real Estate Investors

Posted on 1/26/16 at 2:29 pm to
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73213 posts
Posted on 1/26/16 at 2:29 pm to
quote:

I may need to backchannel you soon. I'm having MAJOR insurance issues. I got dropped on two houses this week with tenants still inside. I have got to find someone who isn't charging three times what my rate was last year.



ok
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 1/26/16 at 2:40 pm to
quote:

Fat Bastard


Thank you for making this thread. Didn't like bumping my old thread.

If anyone is interested, I flipped the mobile home we rehabbed in mid-December. Sold to a buyer on an FHA loan and it was a pain in the arse. Made a good profit off of it, so I can't complain much.

Under contract for the fifth property (4th rental and 1 flipped mobile home). Found a great deal in a different part of town than our first three homes are in. I started my thread in Feb. 2015 inquiring about REI and didn't think by Feb. 2016 we would be this far into the game. It is a pretty addictive hobby.
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