Just getting started in rentals and am very excited!

[Leonard M Kleuser]

Investment Info:

Single-family residence buy & hold investment in Woodward.

Purchase price: $35,000
Cash invested: $600

848 sq ft, 2 bed 1 bath. In pretty good shape in a decent part of town.

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

Cash flow!

How did you find this deal and how did you negotiate it?

It was my moms rental and she was sick of dealing with bad tenants and sold it cheap.

How did you finance this deal?

Owner financed.

Lessons learned? Challenges?

Thankfully things went smooth and my tenant seems like a good guy.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No.

[Dillon Dale]

@Leonard M Kleuser congrats and good luck!