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Updated 3 months ago on .

User Stats

8
Posts
4
Votes
Ben Kowallis
  • Investor
  • Salt Lake City
4
Votes |
8
Posts

Nightmare Turned Best Case Outcome

Ben Kowallis
  • Investor
  • Salt Lake City
Posted

Investment Info:

Single-family residence buy & hold investment in Kearns.

Purchase price: $395,000
Cash invested: $17,000

This house was in pretty rough shape when I bought it. The fence was leaning all over the place, there was garbage filled 4 ft deep in the air vents, and normal maintenance on almost anything was never done.

The neighbors next door were disliked by the whole neighborhood for causing problems. During renovations, they threw a brick through my window and came into the house. I was able to get them evicted after they shot a gun off in the front yard.

Now it runs smooth and I love owning it!