Updated about 6 years ago on .
My last investment project
Investment Info:
Single-family residence buy & hold investment in Jeffersonville.
Purchase price: $20,000
Cash invested: $35,000
Has been completely rehabbed. Current value $135K.
What made you interested in investing in this type of deal?
Good price, was mostly cosmetic repairs.
How did you find this deal and how did you negotiate it?
zillow
How did you finance this deal?
Cash
How did you add value to the deal?
complete rehab
What was the outcome?
Increased value 6x.
Lessons learned? Challenges?
Labor costs ran a bit higher than I would have liked. I now prefer to do work myself, or at least be there to supervise.
