All Forum Posts by: Kyle Snyder

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $135,000
Cash invested: $40,000

3/2 SFR Ranch over unfinished basement

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

Looking to cashflow

How did you find this deal and how did you negotiate it?

Used an agent who has invested for years. She was able to point us to a hot area where other investors are flocking while prices are not yet too high.

How did you finance this deal?

Conventional financing

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $133,000
Cash invested: $30,000

3/2 Tri-level SFR with single car garage on stocked fishing pond

How did you find this deal and how did you negotiate it?

This was our primary residence years ago and we decided to hold it when we moved. We did a terrible job negotiating, but it worked out well for us :)

I see that this thread is several months old. Is this subgroup still active and meeting at the same location? If so, I'm interested in attending the next meeting.

Thanks, Rush. I appreciate the input. That definitely makes me more comfortable with this option. I'm still a little concerned about the range of rent prices I'm seeing. Think I'll drive by some of the lower priced ones to try discerning reason for the price difference.

Hi, BP Community! Newbie question... I have a 3/2 SFR in Lawrenceville, GA that's currently going through a tenant turnover and will be renting around $1,300. I may have an opportunity to pick up a 3/1 in the same subdivision, but am concerned because I've heard that it can be difficult to fill a one bathroom SFR. Assuming my research is accurate, similar 3/1 houses rent for around $1,100/mo. However, I've seen a couple 3/1s renting for below $900. At $1,100, the numbers work for me, but not so enticing at $900. I've not had any difficulty filling the 3/2, but feel a bit gun shy pulling the trigger on a single bath. Any experienced advice is much appreciated!