My front view In Part 1, I detailed how clueless I was in real estate investment, but took an opportune risk and purchased a foreclosure as my first investment property that presently generates a ROI of >50%. In this part 2, I will detail: Condition and details of the property Cost of the property / Cost of renovation After the renovation Lease price throughout the years Photos of the property The property was a two-story single-family home built in 1981 about 2641 sq ft, 4 bedrooms all upstairs, 2.5 baths, 1 family room, 1 living room, 1 dining room, and 1 game room upstairs. It was foreclosed due to a divorce and was in the market for a little over two months. The property was…. you guessed it…a f@#*ing disaster. The front yard was grass-less and ground was cracked due to lack of water, trees were […]

As I briefly mentioned in my About Me page, I had no damn clue what I was doing and getting myself into when I purchased my first real estate investment property in 2012. I was in my 20’s and utterly clueless in anything finance related. Yes, I was ignorant, naive, and clue-less! I am sure many of you can relate . Although… I wasn’t completely naive. I saved some mo-ney! I gotta say that was a little bit of an intelligent thing I did and couldn’t be more proud of myself. As a matter of fact, I purchased my first investment property before I purchased my primary residence. Lo and behold, it was and still outright my best investment property. I can arrogantly say that this property generates some badass ROI for me, >50%! Click here to see my ROI calculations. More interestingly is that my first purchase was a […]