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re: Information for my fellow Real Estate Investors
Posted on 1/11/17 at 10:53 am to Tigerbait337
Posted on 1/11/17 at 10:53 am to Tigerbait337
NWLA. Shreveport/Bossier
Posted on 1/11/17 at 3:51 pm to stevengtiger
Damn! We are on fire right now. Just made another offer on another rental property that is already tenant occupied, and got it. Wasn't on the market but got a lead from our realtor. Spec's below.
3 bedroom/1 1/2bath
right at 1,000 sqft
Needs some light repairs, approx. $2,500 but nothing urgent.
Offer price $65K and got it with no counter
Rent is currently $1,000 per month
Currently have two houses under contract to add to the rental portfolio. Have talked to our realtor about switching him into a property manager role for us. Real job for me has gotten more busy and I feel like its time to start paying someone to take care of things and make this more "passive" for us. He is making us a great deal for management and I am looking forward to not fielding calls about rent.
3 bedroom/1 1/2bath
right at 1,000 sqft
Needs some light repairs, approx. $2,500 but nothing urgent.
Offer price $65K and got it with no counter
Rent is currently $1,000 per month
Currently have two houses under contract to add to the rental portfolio. Have talked to our realtor about switching him into a property manager role for us. Real job for me has gotten more busy and I feel like its time to start paying someone to take care of things and make this more "passive" for us. He is making us a great deal for management and I am looking forward to not fielding calls about rent.
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