Some Setbacks on My First Income Property
June 18, 2015 Posted by Tyler CruzIn my blog post from last Friday, I wrote about how I got my first income property under contract, pending subject removals tomorrow (June 19th, 2015). I was very excited, pretty similar to the feeling you have when you’re buying a new home for yourself. All you want is for time to speed up and […]
We Have an Accepted Offer, Folks!
June 12, 2015 Posted by Tyler CruzLast week I wrote about how I was ready to make an offer on a property. Well, it wasn’t just talk. Nearly 11 months after first deciding to invest in rental properties, I finally decided placed an offer on a property last Monday. It’s hard to believe it’s been close to a year already! I […]
Finally Placing My First Offer On an Income Property
June 6, 2015 Posted by Tyler CruzA few days ago, I went to my lawyer’s office to sign the paperwork to set up the holding company, and then picked up the completed paperwork the next day. I ended up going with the name Merendi Holdings Inc. The operating corporation is named Merendi Networks Inc. so it made sense to stick with […]
Setting Up a Holding Company and Improving My Real Estate Numbers
May 28, 2015 Posted by Tyler CruzIn my last real estate post, I mentioned how I was considering setting up a holding company. According to recent local market trends, the median house price in Townsville is expected to rise by up to 10% this year, making it a prime time to invest or sell in the region with the right guidance […]