First multi-unit investment property

[Konstantin Ginzburg]

Investment Info:

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

First multi-unit property investment. A 4 unit property off a major road in town.

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

Wanted to gain experiencing managing a multi-unit property.

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

Realtor.

How did you finance this deal?

Lender.

How did you add value to the deal?

Exterior painting.

What was the outcome?

Cash flowing property.

Lessons learned? Challenges?

Learning how to manage difficult tenants.