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Lightning #!.png

july 2018 update (-$679)

SMH.  Both Lightning #1 and #2 fell flat on their faces this month.  We have at least been getting some payments and some contact with this tenant.  He finally got a job and we are expecting payments starting on his first pay day.  We came close to evicting this tenant (along with Lightning #2) and are still close but he's shown enough goodwill to make us believe he will come through.

June 2018 update ($+33)

Very concerning to hear from my property manager that the tenant is already having trouble making payments.  Apparently they switched jobs which caused the interruption in their personal cash flow.  We are monitoring this situation very carefully - I don't like playing this game of wondering if/when the payments are coming.

May 2018 update (+$528)

First update for my first Central PA BRRRR! I've been waiting to add this property to my reporting until the property was "stabilized" (rehab was done, tenant placed, initial tenant placement fee paid, refinance complete, and initial mortgage payment was paid).

The first month is looking good with no issues! Lightning #2 will be added next month.

To learn more about how lightning can strike twice, click here.