Real Estate Investing for me?

So here I am on Sunday night. I had the duplex inspected by a contractor yesterday and everything turned out fine. I spoke with one of the tenants and she and her husband are planning on staying for quite a while, so that is a plus. The building is actually in really great shape and in a terrific neighborhood. I am going to get the furnaces checked out before we

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Apartment building and duplex shopping!

In reference to the 12 suite apartment building in the previous post, the following is a list of recent improvements to the property (Pictured Right): 1.) New concrete sidewalk – North Side 2.) Two New GE coin-operated dryers 3.) New Commercial Hot Water Heater 4.) Seven suites have had Flooring Upgrades 5.) All suites including main hallways have had paint within the past six years 6.) Ten out of twelve

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Apartment buildings, Businesses, and Stocks…

Today I looked at this 12 unit apartment building in the city where my in-laws live. It shows pretty good cashflow from my preliminary analysis. I have a partner lined up who is willing to split the deal 50/50 if we can arrange the financing. I am currently working with the seller to negotiate a fair price. Last night I spoke with a local business owner who may be looking

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The journey of a lifetime…

So it all begins here and now. My quest to retire through the use of dividend growth stocks and businesses with a paltry $5,000 in pre-tax passive cash flow per month. I guess this doesn’t seem like a grand journey to wealth and riches, but to me it is realistic, attainable, specific and timely (SMART Goal). More importantly…I want to escape! I also see this as the amount that will

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