Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Commercial Real Estate Investing
Innovative Strategies
Mobile Home Park Investing
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing
Personal Finance
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation
Foreclosures
1031 Exchanges
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing
Eddie Sumerlin's profile image
Eddie Sumerlin's profile image
Eddie Sumerlin
  • Investor
  • from Mobile, AL
  • Member since Feb 25, 2020

User Stats

11
Posts
8
Votes
Eddie Sumerlin's profile image
Eddie Sumerlin's profile image
Eddie Sumerlin
  • Investor
  • from Mobile, AL
  • Member since Feb 25, 2020
Eddie Sumerlin
  • Investor
  • Mobile, AL
8
Votes |
11
Posts
Real Estate Deal Analysis & Advice

First Rental Property Right After Turning 24 Years Old

Eddie Sumerlin
  • Investor
  • Mobile, AL
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $105,000
Cash invested: $6,000

This was the first rental property that I bought at 24 years old. It is a newly remodeled/renovated 4 bed 2.5 bath house in Mobile, Alabama.

1 Vote
Follow
4 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Tucker Cummings's profile image
Tucker Cummings's profile image
Tucker Cummings
  • Investor
  • from Raleigh, NC
  • Member since Apr 18, 2019

User Stats

433
Posts
743
Votes
Tucker Cummings's profile image
Tucker Cummings's profile image
Tucker Cummings
  • Investor
  • from Raleigh, NC
  • Member since Apr 18, 2019
Tucker Cummings
  • Investor
  • Raleigh, NC
743
Votes |
433
Posts
Tucker Cummings
  • Investor
  • Raleigh, NC
Replied

Congratulations! Start of something great!

1 Vote
Log In or Sign Up to Reply
Sort By:

Loading replies...