Hello everyone, I wanted to give you a monthly update on the triplex renovation. I’m making good progress now, though there’s still much more that needs to be done. In the last monthly update I wrote, I mentioned how the second floor kitchen (well, the entire second floor) was wired with knob-and-tube. I was able Continue reading

Renovating a property is not easy for a ton of reasons. If you’re working on the property yourself and don’t have experience in construction. you have to not only learn how to do the work, but you actually have to do it which is difficult with a full time job. And even if you’re hiring Continue reading

I’ve mentioned before that I funded the purchase of my triplex with a hard money loan, which included money to renovate the property. However, I bought my other investment property with a conventional mortgage. The loan for the conventional mortgage is a lot cheaper compared to that of the hard money loan, but that also Continue reading

Hello everyone, With the start of the month, I wanted to provide you all an update on the triplex renovation. The slow, slow triplex renovation… What Did I Get Done in October? Things are shaping up just fine, but not at the pace I would like. I feel like I sound like a broken record Continue reading

Hello everyone, I wrote about my first investment property a while ago, but those of you who have been reading my blog know that I purchased another one as well. I have not had the chance to work it yet, but I wanted to show you all the current state of the property and give Continue reading

Hello everyone, I wanted to spend some time doing some reflection given that today (okay, the 16th) was my birthday. Goodbye 27, hello 28! I didn’t publish a post on Monday as I’d hoped, but I’d still like to make one in order to gather my thoughts. I thought I’d divide my post into two Continue reading

One of the problems real estate investors face when trying to scale their business is the limitations of conventional Fannie Mae mortgages, such as the limit of 10 conventional mortgages at a time or the need to have a W2 job to qualify. So what can you do if you just quit your job or Continue reading

Hello everyone, Now that I’m a little over the three-month mark since buying my first investment property, I wanted to finally give you all an update on the progress I’ve made so far. Or rather…the lack thereof. I suppose I’m not being fair to myself when I say that, but I just wish that I Continue reading

Hello everyone, and sorry for the very long delay. I’ve meant to make this post earlier, but I became so busy with managing the renovations that I haven’t had time to update everyone. I will be posting on a regular basis from now on. With that out of the way, I’m ready to give you Continue reading

This Friday was the big day — the day of the closing for the triplex. The process was quick enough (although it doesn’t help with you’re 40 minutes late)! Like I mentioned, I will have all the purchase details for this property and pictures soon. I agreed to give the current owners time to get Continue reading