Monthly Archives: May 2006

Reverse craigslist post

I decided to do the opposite on craigslist and post an ad looking to buy a house. I put that I want to buy well under market and that I don’t need a buyer’s broker. So far I’ve gotten a … Continue reading

Posted in Real Estate | 3 Comments

SFH #1 is under contract again!

The buyer and I reached a comprise today and tomorrow when we fax back the accepted counteroffer SFH#1 will be under contract again. As a lessoned learned from last month, I know that it’s not a done deal until I … Continue reading

Posted in Real Estate | Comments Off on SFH #1 is under contract again!

Busy weekend

I placed two ads on craigslist Thursday afternoon. My first ad was to rent out SFH#1 for $1650/mo. If rented at that price it would be negative $150/mo cashflow. My second ad was to rent out SFH#2 for $1500/mo. If … Continue reading

Posted in Real Estate | 4 Comments

Putting both houses up for rent

It’s been a week since my SFH#1 has been back on the market and not a single showing. So I decided to put both SFH#1 and SFH#2 on the rental market. I’ll live in the one that doesn’t rent out. … Continue reading

Posted in Real Estate | 3 Comments

Must be the new real estate math

I got an email from a realtor who occasionally sends out these investment properties that she has. They are usually new construction or condo conversion negative cashflow properties. I felt that I should post this one because of two things. … Continue reading

Posted in Real Estate | 1 Comment

Forming an investment company

For my next investment I’ve decided to partner up and go commercial. I’ve sent feelers out to a few friends and they are all interested. In fact there are too many people interested and I’d like to keep this initial … Continue reading

Posted in Real Estate | 1 Comment

Fast food snag

Here’s an update on my future fast food restaurant that I talked about here. Our property has hit a little snag. The city says that they will not support the rezoning of the property to commercial. Instead of going through … Continue reading

Posted in General | 1 Comment