Updated almost 5 years ago on . Most recent reply
Personal home turned rental
Investment Info:
Single-family residence buy & hold investment in Brookwood.
Purchase price: $83,000
Purchased this home in 2011 as our personal residence. In 2015, we moved to Florida and decided that rather than selling our home we would rent it. We have had the same renters since.
What made you interested in investing in this type of deal?
We decided the cash flow was better than selling the home outright.
How did you finance this deal?
USDA
Most Popular Reply
Hi @Corey Curtin, this is awesome, and it's cool to hear that you've had the same renters for so many years! How has managing a rental long distance been? We are looking into focusing on more long distance, and I'm always curious to hear others' experiences.