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Updated over 3 years ago on . Most recent reply

User Stats

62
Posts
54
Votes
Jefferson Simmons
  • Realtor
  • Manhattan, KS
54
Votes |
62
Posts

Manhattan, Kansas Single Family Rehab

Jefferson Simmons
  • Realtor
  • Manhattan, KS
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $105,000
Cash invested: $75,000

Whole house rehab on this one! $180,000 all-in, and it's now rented for $1,900/month.

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

One of my clients brought it to me.

How did you finance this deal?

Cash

How did you add value to the deal?

Rehabbed entire house

What was the outcome?

High-end rental producing premium rent

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I was the agent on the deal.

  • Jefferson Simmons

Most Popular Reply

User Stats

3,019
Posts
2,321
Votes
Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
2,321
Votes |
3,019
Posts
Will Fraser
  • Real Estate Broker
  • Salt Lake City & Oklahoma City
Replied

Congratulations on the BRRR deal, @Jefferson Simmons!  

What are your next steps on this property?   What will you do next?

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