Updated over 4 years ago on . Most recent reply
UTexas Student Housing Investment
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $350,000
Cash invested: $110,000
Sale price: $625,000
student rental
What made you interested in investing in this type of deal?
high value rental and appreciation property in downtown location
How did you find this deal and how did you negotiate it?
MLS
How did you finance this deal?
Bank loan and personal funds
How did you add value to the deal?
positive monthly cash flow and average annual appreciation in the area.
What was the outcome?
$225,000 profit
Lessons learned? Challenges?
Need volume of rental properties that provides scale to outsource all management