Longterm buy and hold

[Sarah Akin]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $82,000
Cash invested: $10,000

Single family, 3 bed, 1 bath, 840 sq ft with 2 car garage

What made you interested in investing in this type of deal?

was my first house, moved and kept as a rental

How did you find this deal and how did you negotiate it?

on market

How did you finance this deal?

conventional

How did you add value to the deal?

rent increases

What was the outcome?

Great cash flow!

[Michael K Gallagher]

@Sarah Akin thanks for sharing and welcome to the forums!  Great way to start is doing exactly what you described...how do the numbers look currently on this deal?  what are current rents you are getting?