Updated 8 months ago on . Most recent reply
SF Rental in Simpsonville, SC
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $295,000
Cash invested: $50,000
Single fam home, desirable neighborhood. Long term rental
What made you interested in investing in this type of deal?
Possible place to retire
How did you find this deal and how did you negotiate it?
Friends pointed it out to us
How did you finance this deal?
Conventional loan
How did you add value to the deal?
deep clean, moisture barrier in crawl space, maintenance to HVAC
What was the outcome?
Rented in Feb 2024, Lower cash flow than expected. Rents have gone down since I started my research.
Lessons learned? Challenges?
Choose my own real estate agent