Investment Info:

Single-family residence buy & hold investment in Forest Park.

Purchase price: $89,000

Contributors:
Christopher Mannella, Drew Dotson, Mitchell Kramer, Adam Polokoff, Stone Bettersworth, Damicco Robinson

Awesome Buy and Hold deal I helped my investor to acquire. The rehab was super manageable and presented a solid opportunity to cashflow higher than 30% CoC. Investor was super thrilled to get this one wrapped up and on to the next. BRRRR method is king in the rental space and I continue to provide deal after deal exceptional returns on distressed deals. Big props to my investor for being able to stick to budget and knock out this rehab and close on a tenant within 3 months. On to the next to grow my investors portfolio.

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

The potential in the area and an opportunity to cashflow well.

How did you add value to the deal?

Sourced for a personal client relationship.

What was the outcome?

expected rent of $1275 my investor got $1490 in rent after rehab cash flowing above 30% CoC.