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Updated about 3 years ago,
Finally a REinvestor
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.