Real Estate Rental Property #2 Update (February 17, 2013)

I haven’t posted about the progress of Rental Property #2 in a few weeks, so I thought now was a good time for an update. The loan process is moving along smoothly, and I am nearing the final stretch. Most of the major hurdles have been cleared, so that’s good news. The loan is now in

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Real Estate Rental Property #2 Update (January 17, 2013)

Just heard back from my agent around 3:00 AM this morning. I received a late-night/early-morning e-mail that woke me up… Well, it’s official, I’ve been approved by the lender for rental property #2! This was a short-sale that took 3 months to go from acceptance of the offer to final lender approval.

Now the real fun begins! I have to come up with around $70,000 by the end of February (and secure a bank loan). More updates to follow soon.

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Real Estate Rental Property #2 Update (December 18, 2012)

My agent just got back to me today and let me know the status on Rental Property #2. As readers may know, I won a short-sale back in early November, and deposited a check to escrow shortly after. In general, short-sales take

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Lessons in Landlording: HOA will Check, so Hide Those Satellite Dishes from Plain Sight!

You know, just when I thought things were going smoothly with the property rental, I had to go and write an update in my monthly expense report and whisk away all my good luck!

Fortunately, this latest issue was quickly resolved and didn’t require much participation from my end. I simply answered calls, scheduled appointments, and gave

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Real Estate Rental Property #2 Search (November 6, 2012)

Readers who have been following this blog know that I’ve been diligently focused on building my dividend growth portfolio lately. I’ve been doing my best to save my bi-weekly paychecks, signing bonuses, ESPP, stock options, RSU’s, rental income, etc. to fund more and more

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Real Estate prices keeps climbing UP!

A common strategy used by some investors when it comes to real estate investing is to sit out the prime buying season (Spring and Summer) and tune back in during the Fall and Winter months. This move may appear to make sense, since there are generally more buyers looking to

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