First Real Estate Investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $114,100
Cash invested: $114,100
First investment purchase. I purchased this home when I was 18, right before going into the airforce. My grandfather encouraged me to invest the college money I had in my savings account into this deal. He brought up the fact that the military would pay for my college, so It made sense to get my money out of the bank because it earned less than 1%.