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I jusy bought a 5plex.
Mortgage came through yesterday and I signed all the pappers at the lawyers today.
Should make a couple bucks hopefully. It's been an interesting day. :drinkup |
congrats. wheres it at? you going to rent it out or sell it?
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Rent it for now. But I'm fixing it up and selling it later. |
Congrats, 4 or 5 plex is gold :thumbsup
Let me know if you plan to do anything in Las Vegas I know a great PM there. |
RE is the way to go still. I keep up on all these articles about when the bubble is going to burst. Best estimation I have found was given by Bob Toll who was quoting a company that researches the RE market. He said the current bubble has been going on for 14 years and is in the 7th inning. That leads to another 4 years of appreciation before the market starts heading south. Hope he is right.
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Whats the cap rate?
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very nice! great investment. Good luck with it.
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Congrats bro... Any pics??
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congrats :)
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