Buy and hold in Lawrence Indianapolis
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $75,000
Cash invested: $38,000
Super straightforward proejct; floors, paint, bathroom, counters, added a bedroom, etc
I believe the house was rented for awhile, might even still be occupied.
It does seem to be listed off market with an estimated value of ~$190,000
How did you add value to the deal?
We created a scope to add a bedroom and get the home rent ready. It has since been occupied and could sell for ~$77k profit, assuming the numbers I have are accurate.