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Updated about 2 years ago,

User Stats

57
Posts
39
Votes
Steve Mandelbaum
  • Developer
  • Jacksonville Florida
39
Votes |
57
Posts

BUILD FOR RENT JACKSONVILLE FL

Steve Mandelbaum
  • Developer
  • Jacksonville Florida
Posted

Investment Info:

Single-family residence  investment in JACKSONVILLE, FL 

THIS IS THE ACTUAL MODEL, I BUILD FOR $235K. THE RENT IS IN THE $1700+ RANGE
3_2
1,290 SQ FT
WITH A GARAGE

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

I LIKE THE BUILD-TO-RENT MODEL. I CAN GET TOP-OF-MARKET RENTS AND IT ATTRACTS THE BEST TENANTS. THERE WILL BE NO SYSTEM MAINTENANCE FOR YEARS TO COME.

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

I BOUGHT THE LAND AND BUILT THE HOUSE

How did you finance this deal?

SELF FINANCE

How did you add value to the deal?

NEW CONSTRUCTION

What was the outcome?

IT WILL BE FINISHED IN MARCH AND IS FOR SALE.

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