Thursday, February 28, 2008
For a few years now, off and on, Amy and I have been looking to invest in real estate. We actually signed a contract for a 4-plex a few years ago, and the very next day I got laid off from my job when StorePerform decided to ship all of their software development to India, and then we all moved to China for a while, so that deal fell through. (By the way, StorePerform is now bringing development back to the US. Ha ha!) Recently we made 2 offers on a duplex in Lakewood and the seller finally accepted our offer. With a little luck, we'll be able to lock in a decent mortgage rate and we'll be landlords in about a month.