Investment Info:

Small multi-family (2-4 units) buy & hold investment in Indianapolis.

Purchase price: $109,000
Cash invested: $29,500

Duplex. Receiving $1,470 in monthy rent

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

First home was a single family. Duplex makes more ROI.

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

MLS.

How did you finance this deal?

Conventional loan

How did you add value to the deal?

Minor repairs. $1200 worth

What was the outcome?

Doing good. Still receiving rents

@Dustin Haug looks like solid numbers especially if your vacancy rate stays low. Congrats!

Congrats! 

Do you have any images; I would love to see what you bought.

To your success!

Thanks.  I'll try to get some photos up.

Here is a pic on one of them! 

Originally posted by @Dustin Haug :

Here is a pic on one of them! 

 Looks good Dustin! It’s a little interesting that they don’t have paved driveways, but I’m thinking that’s not uncommon for the area.

To your success!

Who's taking care of things on the property?  Payment Management or Renters? 

Who's taking care of things on the property? Payment Management or Renters?

This is awesome! Who are you using for property management? I’m looking to invest in IN.