Doug this is awesome. I subscribed to make sure things were working as they should on your blog and I’m so glad I did. You are rekindling (don’t know if I spelled it right) my Real Estate Investment fire. That is definitely on my to do list. Unfortunately I have no money (I know, I know, you don’t need money) but I also don’t have good credit to obtain financing. I mean my credit is really bad. But anyway, I’m glad I subscribed this will keep me motivated. The funny thing is student housing is one of the areas I thought about doing. This is awesome!!!
Most cities in my area wont allow a single family to be changed into a triplex . If they do they require offstreet housing from what you describing your charging 550 a bedroom . Thats great but never happen in my area the most they will pay is 325-350 per bedroom
I dont know where you are investing but those are way out of line for our area
Regards
RTK
January 7th, 2010 at 6:14 PM
Doug your so smart….
Keep up the good work
January 7th, 2010 at 6:28 PM
The most impressive part is that ability to come in UNDER budget in getting it renovated.
I look forward to that video soon.
Cheers,
January 7th, 2010 at 6:45 PM
WOW!!!…….God Bless you!!!……….I wish you too that 2010 is the best year ever for you!!!……..Gary!
January 7th, 2010 at 6:56 PM
Great program! I like the way you show your estimated numbers along with the actual numbers. I woule like to use your program here in Flint,Mi.
January 8th, 2010 at 3:55 AM
Hi and Thank you for both videos & generous explanation.
It is very inspiring & educational. Thank you for sharing it now.
January 9th, 2010 at 8:51 AM
Who did you manage to find a tenant to pay $4500 per month in rent?
Coelho
January 10th, 2010 at 9:59 PM
Coelho, It wasn’t a single family paying $4,500. it was a 3 unit building with 9 bedrooms that as a building the rent roll was $4500
March 3rd, 2010 at 4:49 PM
Doug this is awesome. I subscribed to make sure things were working as they should on your blog and I’m so glad I did. You are rekindling (don’t know if I spelled it right) my Real Estate Investment fire. That is definitely on my to do list. Unfortunately I have no money (I know, I know, you don’t need money) but I also don’t have good credit to obtain financing. I mean my credit is really bad. But anyway, I’m glad I subscribed this will keep me motivated. The funny thing is student housing is one of the areas I thought about doing. This is awesome!!!
March 14th, 2010 at 3:45 PM
Most cities in my area wont allow a single family to be changed into a triplex . If they do they require offstreet housing from what you describing your charging 550 a bedroom . Thats great but never happen in my area the most they will pay is 325-350 per bedroom
I dont know where you are investing but those are way out of line for our area
Regards
RTK