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Updated over 2 years ago on . Most recent reply

User Stats

78
Posts
20
Votes
Ben Gammon
  • Property Manager
  • cincinnati, OH
20
Votes |
78
Posts

Cincinnati Multifamily Buy and Hold BRRRR

Ben Gammon
  • Property Manager
  • cincinnati, OH
Posted

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Cincinnati.

Purchase price: $6,419
Cash invested: $300,000

Contributors:
Tom Savoca

Buy and Hold BRRRR 3 unit building in a nice part of Cincinnati OH.
4,000 sq ft
ARV of $405,000
Rents: $4,449/month

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

Building my empire one unit at a time!

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

Networking

How did you finance this deal?

Private Money

How did you add value to the deal?

Project Manager, General Contractor, Carpenter, Electrician, Investor

What was the outcome?

Exceptional!

Lessons learned? Challenges?

Go the extra mile and do it right. Don't half *** rehabs.

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

Tom Savoca. He helped on carpentry and electrical.

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