Long term Rental - Kept our first home and rent it out

[Becky Elder]

Investment Info:

Single-family residence buy & hold investment.

We kept the first home we bought and have rented it out for the last 8 years.

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

My Uncle recommended to me that real estate is a great investment and to keep this home and not sale it - he was right!

How did you finance this deal?

Conventional

How did you add value to the deal?

Improvements as needed

What was the outcome?

Great, low maintenance with good tenant screening.