SFH, Family Inheritance

[Jonathan Small]

Investment Info:

Single-family residence other investment in Greensboro.

This is a single family house. It was acquired through an inheritance. Property is rented to family. This is a long term hold that has some sentimental value.

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

This house was part of an inheritance.

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

Family

How did you finance this deal?

Property has a small mortgage. We paid it off using our savings.

How did you add value to the deal?

We have added a new roof.

What was the outcome?

Long term buy and hold property. We have family that lives in it.

Lessons learned? Challenges?

I learned the power of leaving an inheritance to your children's children.