Cash Flow Capital Ames IA

[Samuel Brant]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $186,000
Sale price: $186,000

Recently was able to close on my 3rd Ames, single-family investment property 6 blocks away from Iowa State University. This 4 bed/ 2 bath I was able to find on the local MLS, with value add potential in the basement. Which I plan on finishing out the basement. Was able to get this 100% financed using equity/collateral from another asset. By far this has been my best deal yet! Rents for $2000 dollars a month and had it rented out two days before I closed on it! #cashflowcapital

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

Ames has great cash flow with a strong economy including, ISU college, DOT, farmers, and the hospital!

Lessons learned? Challenges?

Never step over dollars to pick up some pennies!