Posted by Karen in Real Estate.
Tags: Apartments, Boonville, Chandler, Evansville, Newburgh, Real Estate
Today we added an 8-unit apartment building to our portfolio, here in Warrick County, Indiana. Most of the units already have renters, but there are a few empty. If you’re looking for a convenient spot to rent, this is 7 miles from Green River Road in Evansville, five miles from Newburgh, and six miles from Boonville. Each of these efficiency apartments has its own central air and electric heat.
Posted by Karen in Buying a Home, Investment, Rental.
Tags: Evansville, Indiana, Real Estate, Rental
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.
Posted by Karen in Buying a Home, Investment, Real Estate.
Tags: Evansville, Indiana, Real Estate, Rehab
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!
