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Updated almost 2 years ago on . Most recent reply

User Stats

48
Posts
26
Votes
Mark Faulkner
  • Real Estate Consultant
  • Roswell, GA
26
Votes |
48
Posts

Townhome nearly doubles in value

Mark Faulkner
  • Real Estate Consultant
  • Roswell, GA
Posted

Investment Info:

Townhouse buy & hold investment.

Purchase price: $375,000
Cash invested: $20,000

Owner Occupied Purchase and transitioned into a rental for cashflow and appreciation.

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

The area demographics and income metrics for Alpharetta / Roswell are very high. This area drives quality tenants due to highly rated-school districts. Class A property

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

By accident really. Was looking into an up and coming area.

How did you finance this deal?

Owner Financing

How did you add value to the deal?

By meticulously maintaining the property while living there.

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