UPDATE #1
New Plan:
 
We’ve learned the house is owned by a woman in her 90’s who refuses to budge on her price. Some creative thinking is in order:
Clue #1: Lady in her 90’s is not likely to tote the note, unless we could come up with something that would get her paid off within 3-5 […]

Popularity: 16% [?]

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Here’s a house we drove by today:

Asking price: 40K
2 bedroom/ 1 and a half baths/ no garage 
MLS Description:
1910’s antique house, sheetrocked, electrical and plumbing updated, in downtown area, good roof, exterior is in good original condition, corner lot with plenty paved parking, great for business location or residential.
More pix:

House is on the corner with a […]

Popularity: 17% [?]

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The New Plan means a change in our criteria. Specifically we’re able to look for homes further away from our target area for rental properties.
This week, these homes showed up on MLS.

Asking price: $31,500
3 bedrooms, 1 and 1/2 baths, 2 car garage
Initial impression: very sad looking little place on 1/2 acre in a growing area […]

Popularity: 21% [?]

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Here’s a little house we toured recently:

 Foreclosure, 3/1/0, asking price: $34,900

nice enough neighborhood
small fenced yard,
no garage or storage shed
recent carpet
no holes in sheetrock or doors
no missing trim.
signs of low-cost upgrades and work
almost new kitchen cabinets and counters (lowest quality, but new and functional)
 new bathroom sink
nice utility closet with washer/dryer hookups

 On first glance, the house is […]

Popularity: 22% [?]

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The mister and I married  on a hot July afternoon in the summer of ’80. Soon thereafter, our area slid into the ugliest recession ever to hit this part of Texas. If you’re old enough to remember the Savings and Loan Scandal, you might know first hand what that decade was like.
Houston was a virtual ghost town of empty skyscrapers.  Strip centers became […]

Popularity: 25% [?]

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The mister and I’ve had some interesting conversations lately. While our original goal of 20 houses by retirement works on paper, sometimes life intervenes and sends you hurtling off in another direction. So for the next month (or two), I’ll be hunkering down into research mode and submersing into possibilities.
I’m not quite ready to blog about […]

Popularity: 17% [?]

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