Updated over 4 years ago on .
Another BRRRR in my hometown
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $34,000
Cash invested: $8,000
BRRRR deal. Picked it up for $34k, sank $8k into it, rents for $1100 a month.
What made you interested in investing in this type of deal?
Listening to BP Podcast
How did you find this deal and how did you negotiate it?
I found it on Zillow and used my property manager/realtor to acquire it.
How did you finance this deal?
Paid cash for acquisition and rehab
How did you add value to the deal?
Complete paint job, new flooring, new trim work.
What was the outcome?
It rents for $1100 a month. Tenants just signed for a second year.