BRRRR to 1031, rented for 3 years

Investor · Hoffman Estates, IL · Member since 2014 · 434 posts · 185 votes

Investment Info:

Single-family residence buy & hold investment in Buffalo Grove.

Purchase price: $92,500
Cash invested: $65,000
Sale price: $205,000

BRRRR then sold for a 1031

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Taylor L.
Rental Property Investor · RVA · Member since 2016 · 5k+ posts · 4k+ votes
6y
Great deal! What was your timeframe from first seeing the listing to selling the property?
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Scot Howat
OP
Investor · Hoffman Estates, IL · Member since 2014 · 434 posts · 185 votes
6y
We bought this in April 2015, did a full gut rehab and then rented it near the end of 2015. Tenant moved out in July 2019, and we went under contract to sell it around 45 days after listing it.
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