Buy and hold in Lawrence Indianapolis

[Jacob Messer]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $75,000
Cash invested: $38,000

Super straightforward proejct; floors, paint, bathroom, counters, added a bedroom, etc

I believe the house was rented for awhile, might even still be occupied.

It does seem to be listed off market with an estimated value of ~$190,000

How did you add value to the deal?

We created a scope to add a bedroom and get the home rent ready. It has since been occupied and could sell for ~$77k profit, assuming the numbers I have are accurate.