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Acquiring two rent houses July 21, 2010

Posted by Karen in Buying a Home, Investment, Rental.
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We went to an absolute auction today and wound up as highest bidder on two rental properties. We did some diligence on these houses over the past few days to determine $what they’d $need in the form of $repairs, and then figured what our maximum offer would be for each. Two of them are now in our growing portfolio.

These single-family rental properties are in Evansville, and are already cash-flowing as is. Next we’ll do a bit more diligence to see what the paperwork situation is, and meet the renters.

Rehab project underway June 15, 2010

Posted by Karen in Buying a Home, Investment, Real Estate.
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We secured a house near downtown Evansville from the bank, for a song — no, really! — and now we’re in the process of fixing it up. It needs:

  • Some foundation work
  • Basement fill-in
  • Add a bathroom downstairs
  • New windows
  • Woodwork here and there
  • Paint, carpet
  • Clean-up

Then it will be ready for renting or for selling!

InvestInCamelot.com March 16, 2009

Posted by Karen in Buying a Home, Investment, Real Estate, Selling a Home, Solution.
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Welcome to investInCamelot.com. We solve real estate problems — for sellers and for buyers.

We will be using this blog to talk about solutions we encounter for both real estate buyers and real estate sellers.

Home owners:

  • Imagine inheriting a house from a distant aunt or uncle. What do you do with it? How can you find the right buyer for it?
  • What do you do with those expensive house payments if you get “downsized” at work?
  • Did you get bitten by the housing bubble?
  • Wondering what to do with that vacant house you meant to use on vacations?

We can help.

Home buyers:

  • Are you looking for a cozy cottage to move into?
  • Would a single-family home suit you just fine?
  • Are you looking for an investment property with some cash flow?

We can help.

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