It's the second property in my goals that i have been able to purchase with none of my own money! There is a mortgage that gets paid but the tenant will pay that once rented after the renovation and it will be positive cashflow.
I've been away for a few months. l've been taking action instead of wasting time online and it's cleared my head up as well. It saved a little bit more money and had made me focus on the renovation of this Country Cottage.
I don't want to bore you with to much dribble. As you might know this blog is designed to showcase videos and to document my goals to purchase a million dollars in real estate in 10 years. Focusing on positive cashflow. Being away and less typing and more action was good! And I'm not sure it's a good thing being online again. It takes more and more time away from my investments.
This video i uploaded here has no sound but i just quickly did it to show a Walkthrough of the second deal. It's nothing flash but you've got to start somewhere. I will do a running commentary in another video when i get time.
In money terms this house was bought with zero of my own money. In a bad economic downturn 2009 and from what a lot of people would say was an impossible income position and the odds stacked high against me. I know because i heard plenty of naysayer tell me. Oh well i did it! Where there is a will their must be a way because i own two peaces of real estate now and I'm terrible at my English and grammar still . I will be looking forward to telling my old school teacher I'm a millionaire when I'm done :).
Soon i think i will be close to replacing the income i started investing from two year ago! In a next video coming very soon i will show you another update of what work has been done. Then once the Reno is complete a final video of how it came up.
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