Best tenant in the worst area
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $28,000
Cash invested: $25,000
Bought this property in the worse part of town and I have the best tenant in it of my 18 properties.
What made you interested in investing in this type of deal?
Was a good price deal.
How did you find this deal and how did you negotiate it?
Driving by dollars
How did you finance this deal?
Private money
How did you add value to the deal?
Fixing the house
What was the outcome?
But & hold
Lessons learned? Challenges?
Follow your guts and trust yourself
