It has now been a few months since I closed on my first property, had a showing, picked a tenant, signed the lease agreement, and started renting out the place. I’ve learned quite a few things during the process, and now that the tenant is moved in and situated, I figured now was
In June, I mentioned that the real estate property I was looking at was back on the market after financing fell through for the initial buyer. In the last post, I mentioned that my real estate agent approached me and wanted to know if I wanted to
Just got word from my agent that the prior deal (the one that sold for $75k over listing) fell through. I didn’t receive all the details, but my initial guess is that the financing became a problem. This would seem likely if
Some of the more recent entries I’ve posted have been about real estate investing. More specifically, I’ve been sharing updates on my search to locate a rental property. In my last post, I mentioned that there was one additional open-house I would be attending. I took a look Sunday morning, and as it turns out, this property ended up being
Here is an update on the rental property search that had been going on for the past 3 weeks. The condo that I was looking at ended up selling for much higher than the listing price. I put in a bid that was about $25,000 over listing (which I thought was generous, but fair), and was still
With interest rates now as low as 3.875%, for a 30 year fixed home loan, I recently decided to entertain the idea of investing in real estate. The main appeal in dividend investing, as it pertains to early financial independence, is to create a passive income stream that generates enough cash flow to exceed monthly expenditures. When investing in stocks, one of the first rules