Single family rental deal

[Jing Chai]

Investment Info:

Single-family residence buy & hold investment in Santa Clara.

Purchase price: $15,200
Cash invested: $15,200
Sale price: $22,400

2% tenant in common ownership with family in single family residence. Bought in 2015 and sold in 2020 for a 47% gain.

[Lane Kawaoka]

@Armand P. this is a one in a million deal that I have not wasted my time finding. Stick to the basics and go after 1% Rent-to-Value Ratio in areas like Birmingham, Atlanta, Indianapolis, Kansas City, Memphis, Little Rock, Jacksonville, Ohio, or other secondary or tertiary markets.