Updated over 1 year ago on . Most recent reply
Sunrise Pines House, Houston, TX
Investment Info:
Single-family residence buy & hold investment in Houston, TX.
Purchase price: $245,000
Cash invested: $75,000
Single Family Rental Property in Sunrise Pines Suburb of Houston, TX (77044)
What made you interested in investing in this type of deal?
Demand for Housing in Area due to job opportunities
How did you find this deal and how did you negotiate it?
Realtor
How did you finance this deal?
30 year fixed rate Mortgage
How did you add value to the deal?
Interior and Exterior Upgrades; Modern Appliances, Tiling, paint, etc...
What was the outcome?
Long term Rental, Principal Paydown, Cash flow and Appreciation
Lessons learned? Challenges?
Don't self manage. Hire a Property Management Company. Trust the process.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Realtor: Rebecca Ramirez