216 Verbeke St. Harrisburg PA

[Michael Nemeth]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $153,500
Cash invested: $42,000

My first rental property. I purchased this property with 25% down. Tenants moved it pretty quickly after I closed on the property. I currently am renting this property for $1,500 per month and my expenses are around $820 per month.

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

I was interested in the location of this deal. I feel Harrisburg is on the come up for real estate

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

My realtor found it. I negotiated it using a couple of the issues that arose and needed to be taken care of before tenants could move in.

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

Yes. Trent Sneidman is a real estate agent in the Harrisburg Area that I would recommend to anyone looking to purchase a home to live in or a home as an investment property