In 05' house sold for $225k. Single family. New roof, electrical, floors, hot water heater, all new windows, kitchen, new bathroom. All installed in 05'. House has 3br 1 1/2 large flat yard, one car garage. 500ft from beaches. MLS list on for one day when I made an offer. Bank owned. I closed May 7th for $96,000. Latest Appraisal is double what I paid. No repairs needed by me. Changed the locks and just have to fill it with tenants. Showed it to 3 couples yesterday and they all want it. Have many more showings this week lined up also. Finally after looking at feels like 500 houses. Turnkey double instant equity.
Is there any sites that landlords use to background/credit check? I have an rental application fee $20 that I was going to check myfico susy ormond for credit check.
It feels good. I know I have been away from site for a while but I am the type of guy that needs to absolutely focus on the mission at hand, tunnel vision, without any distractions. i HAVE BEEN on sight watching not posting.