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All Forum Posts by: E. Buck

E. Buck has started 2 posts and replied 3 times.

Post: first-timer, WDM SFR

E. BuckPosted
  • Posts 3
  • Votes 1

Investment Info:

Single-family residence buy & hold investment in West Des Moines.

Purchase price: $116,350

Prairie Creek Villas: 2 bed; 1.5 bath; 1,301 sqft

It was minimal.  At purchase I chose to have some improvements done involving a flexible gas line and grounding.  Other than that, it's just been typical upkeep/repair.  Rented it out for five years now, with good tenants, and no incident.

Investment Info:

Single-family residence buy & hold investment in West Des Moines.

Purchase price: $116,350
Sale price: $147,500

Prairie Creek Villas: 2 bed; 1.5 bath; 1,301 sqft

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

Wanted to buy first investment property. Love the DSM area; also live abroad and wanted to get something close to home.

How did you finance this deal?

personal savings