First Investment Property

[Lynell Mines]

Investment Info:

Single-family residence buy & hold investment in Killeen.

Purchase price: $109,000
Cash invested: $7,000

First investment property

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

I wanted to purchase my first property before turning 30. I’m also military so the rental rate is high in this area.

Lessons learned? Challenges?

Stick to finding a good deal for investment purposes as opposed to something I would live in. Do your research and don’t rush the process.