Acquiring two rent houses July 21, 2010
Posted by Karen in Buying a Home, Investment, Rental.Tags: Evansville, Indiana, Real Estate, 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.
