Updated over 1 year ago on . Most recent reply
Looking to scale in the Co-living space of real estate investing
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $240,000
Currently practicing co-living with 4 tenants for the past 10+ years and looking to scale to more properties this year (at least 1 property per year)
What made you interested in investing in this type of deal?
My dad is an investor who is retired from his W-2 and now is a G.C.
How did you find this deal and how did you negotiate it?
My agent
How did you finance this deal?
bank
How did you add value to the deal?
Kitchen/bathroom & back porch addition
What was the outcome?
Currently renting
Lessons learned? Challenges?
Finding good contractors, negotiating & budgeting
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
My contractor isn't able to work much because he is retiring