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Updated over 2 years ago on . Most recent reply
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Single Family Rental in Blue Ribbon School District
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $400,000
Cash invested: $20,000
Huge home, pretty much was a lemon. Still undoing the terrible DIY jobs of the previous owner
How did you finance this deal?
Conventional
How did you add value to the deal?
I worked with same agent from my last purchase- cultivating a relationship with one agent over time. I'm a repeat customer. :)
Lessons learned? Challenges?
Once again, newer builds are the way to go. A house with "character" is no fun if you're tired of being a weekend warrior.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Same agent as my Baltimore City rental.