Condo Buy & Hold Investment

[Georgeanna Tracey Newmones]

Investment Info:

Condo buy & hold investment.

Purchase price: $98,500
Cash invested: $19,700

Turn key investment in great area

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

Turnkey with appreciation, cash flow, and great area

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

Licensed Real Estate Agent

How did you finance this deal?

Conventional financing

How did you add value to the deal?

Purchased in the hottest sellers market!

Lessons learned? Challenges?

Neglected to check the utilities included with the HOA and relied on information in the MLS.