Updated over 4 years ago on .
Third Rental Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $95,000
Cash invested: $23,000
Very clean 3 bed 1 bath house that needed no work to begin renting it out. Was listed for $100k and got the seller down to $95k.
What made you interested in investing in this type of deal?
Increasing monthly cashflow
How did you find this deal and how did you negotiate it?
My property manager found the deal on the MLS
How did you add value to the deal?
Increasing rents.