Deal Diaries

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27
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6
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Anthony Martin
  • New to Real Estate
  • Pittsburgh, PA
6
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27
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First BRRRR rental completed.

Anthony Martin
  • New to Real Estate
  • Pittsburgh, PA
Posted Jan 24 2022, 05:13

Investment Info:

Townhouse buy & hold investment.

Purchase price: $12,000
Cash invested: $45,000

First BRRRR rental. Learned a lot of lessons.

What made you interested in investing in this type of deal?

Wanted to get started building wealth

How did you find this deal and how did you negotiate it?

Friend who wasn't able to close

How did you finance this deal?

Cash

How did you add value to the deal?

Full rehab

What was the outcome?

Finished rehab and placed tenant on section 8

Lessons learned? Challenges?

Always manage your project and create a project schedule. Make sure everyone is clear on the objectives, budget, and timeline.

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