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Updated about 6 years ago on . Most recent reply

User Stats

11
Posts
3
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Clint Larson
  • Lubbock, TX
3
Votes |
11
Posts

Beautiful family home in a top notch neighborhood

Clint Larson
  • Lubbock, TX
Posted

Investment Info:

Single-family residence buy & hold investment in Minot.

Ok, I'll admit it: this is an accidental rental. Originally intended as our primary residence for 3-5 years, this 4br/2ba house with a large bonus room became my second rental property when we picked up and moved out of town. While it doesn't cash flow impressively, it does cash flow. Considering that I barely have any cash into it and that everything inside has at least a 10 year remaining useful life, my ROI is pretty darn good. It's truly a place I can say I'm proud to own.

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