We picked up a newbie today: Mr. Willow Spring. A metal box on an acre of land. We may wholesale this one, rehab and flip, or rent. We don't wholesale typically, but we may make an exception here. Unrelated; we closed on Ridgepath (the first "Box Bend Rental") today. What does this mean? We will rehab the property most of the way (as if to sell). We will then rent it for a year or two to lower our cost basis. After that... We will see. Our ultimate strategy includes some rentals, but not necessarily SFRs. So... Stay tuned. We will see how we close on Mr. Willow Spring and how we rehab and rent Ridgepath.
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July 2020
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