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Updated about 3 years ago on . Most recent reply

User Stats

118
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87
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Anthony W.
87
Votes |
118
Posts

Finally a REinvestor

Anthony W.
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Cleveland.

Purchase price: $72,000
Cash invested: $18,000

Finally did it!!! Just jumped in and made the plunge after much analysis. Had to break the paralysis cycle and I did it. Just closed on my first duplex in Cleveland. Time to see how this goes. Any advice for new investors like myself? I have property management in place and I will be doing cosmetic repairs as I would like to raise the rent on the current tenants. The property is currently rented under market value. Any advice is welcome and thanks.

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