It has been a hard week, but a good one. As I mentioned in my December Lull for Property Managers, it is a tough time of the year to be marketing properties, however it is an excellent time of year to be buying. I also mentioned there that I had a negotiation going on 5 rental units located here in Belton, TX. My update for you is, we were able to close the negotiation on those properties. These properties will cash flow at about $1,000+ per month combined, which is an excellent deal, considering we are only risking a contract price of $154,000.
So stay up, keep plugging away in your markets, and let me know if you have any questions. While you are waiting, sign up for my RSS Feed to get free, automatic updates on all blog posts here at Personal Finance Resources.