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Updated over 2 years ago on . Most recent reply

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23
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Barbara Wilson-Scranton
  • Eads, CO
7
Votes |
23
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Round project property

Barbara Wilson-Scranton
  • Eads, CO
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $55,000
Cash invested: $35,000

3 bed / 2 bath round house. Yes, that's correct.... I typed that right and your read that right.... round house. Built in 1952..... even the interior walls are curved. Except for the second floor walls that were added when the second floor was added in the 1980s-90s???.... So the second floor is a master bedroom in the shape of a hexagon. It has an insane amount of deferred maintenance. The past owner lived in the house for over 50 years and was a heavy smoker.

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

This was also an off market/ private deal.

  • Barbara Wilson-Scranton
  • Most Popular Reply

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    Nathan Gesner
    • Real Estate Broker
    • Cody, WY
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    Nathan Gesner
    • Real Estate Broker
    • Cody, WY
    ModeratorReplied
    Quote from @Steven Foster Wilson:

     I only have one short-term rental near his. The rest of mine are long-term rentals in town.

    • Nathan Gesner
    business profile image
    The DIY Landlord Book
    4.7 stars
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