First Investment property

[Anthony Alberti]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $137,000
Cash invested: $15,000

Hey Everyone my name is Anthony Alberti originally from Evans Georgia

My portfolio consist of one long term Rental in Evans Georgia and 3 short term Arbitrage Properties in Columbia, SC. I am really interested in continuing my short term rental venture but with the prospect of owning as opposed to renting. Bigger spread in profits and just having the benefits of real estate ( 1. cashflow 2. debt pay down 3. appreciation 4. Taxes etc)

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

I love SF home investments and is what I want my portfolio to initially grow with.

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

I was living in it and turned it into a rental upon moving out

How did you finance this deal?

Convential Loan

How did you add value to the deal?

Renting it during this crazy time where rents are extremely high haha (COVID)

Lessons learned? Challenges?

managing a property from another state is a little challenging but have been able to figure it out.