土豪乐潭 We the Landlords

由 **amanman** » 2014-06-03 15:21

1400尺，3 BEDS，2 BATHS。准备出租一段时间，租金大概在1300-1400。
主要看中了那块地有半英亩。离超市如COSTCO也近。
外面看还行，里面就不知道了。

由 **比花花还花** » 2014-06-03 15:24

由 **amanman** » 2014-06-03 15:25

由 **比花花还花** » 2014-06-03 15:56

由 **tiansan** » 2014-06-03 21:16

哪个州?

由 **amanman** » 2014-07-13 20:16

准备CLOSE了，7/23日。这是我第一次用SELF-DIRECTED IRA 投资房子。LET'S SEE....

由 **逍遥流云** » 2014-07-13 20:53

应该是现金交易吧，现金交易应该很快

由 **SunshineInCA** » 2014-07-14 1:52

由 **NJ-FL** » 2014-07-14 10:18

In these days, with this price and rent, it's phenomenal. Assume, the house is in a "normal" area.

由 **Wendy666** » 2014-07-14 15:18

由 **amanman** » 2014-09-09 21:57

The condition inside was pretty bad, nothing was working. it smelled horrible. I had to have the carpet replaced, get the trash out and much more ...

It's surprised that there were no leaks on the first day when the water was turned on.

The owner lost the house to the bank, but he still rented this house to a tenant for another one and half years. My question for him is if you received the rent, why didn't you pay back the bank, but rather choose to lose the house? where is the logic? what a crazy guy!

This has been a history. Now, I am hoping to turn the piece of crap to treasures.

The cost of repair is around $8000, maybe a little more.

it's ready.

it will be listing for $1350.

This is the first real estate purchase with my self-directed 401k account. The transaction was smoother than I thought.
Let me see how it goes in term of the rental management. I don't know yet...

I don't plan to hold this one for long term. I am not sure the time frame yet, hopefully not too long. Meanwhile I am making calls for
the non-recourse loan if it is possible....