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Updated over 6 years ago on . Most recent reply

User Stats

7
Posts
9
Votes
Devon Kincaid
  • Mcallen, TX
9
Votes |
7
Posts

McAllen GREEN 4-plex

Devon Kincaid
  • Mcallen, TX
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $131,000
Cash invested: $30,000

4 plex, Current value based on rents $215,000

Lessons learned? Challenges?

Expect unseen issues when properties are 30+ years old!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes, this was before I had my license. I worked with my good friend Matthew Neie, who was an all around rockstar!

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