This week in review #82-87

So, 5 weeks has passed (The entire month of February) since my last post. Feb was much better for us than Jan, no property theft, no major issues other than LOTS of frozen pipes. We’ve managed to rent out all of our units as the end of the month approached. We did have to reduce our rent on #12 by …

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The pooper (#13)

Features Single Family 1,200 Square feet 2 bed 2 bath (Will be 3br/2ba when renovated) MLS listed foreclosure on the wrong MLS system (Out of town MLS) Financials $15,500 purchase price ~$10,000 rehab cost $420 monthly NOI 19.8% ROI $40,000ARV ($17,250 in net equity after rehab) Investment diary This one has taken a bit longer to rehab than we thought. …