4 unit multi family deal
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Milwaukee.
Purchase price: $58,000
Cash invested: $13,800
Sale price: $101,500
Bought this 4 unit in bad condition and without tenants.
After fixing the place I brought good tenants that get help for paying rent - like county assistant.
COVID19 made it difficult to handle tenants in that area but hard work paid off.
I sold the property to take over a better deal
I have attached some photos of how all units looked like after the fix-ups I did.
What made you interested in investing in this type of deal?
great ROI
How did you find this deal and how did you negotiate it?
off-market deal
How did you finance this deal?
CASH
How did you add value to the deal?
Signing good tenants and improving the units
What was the outcome?
23% profit in a 1.5 year not including rent.
Lessons learned? Challenges?
Where to invest.
how to test my contractor.
what is a good management company
