Rental Investment Property

[John Biancaniello]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $172,000
Cash invested: $40,000

I rent out a single-family house in Cleveland TN. This was my first investment property and I can't wait to purchase my next!

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

Cash flow, equity build and appreciation.

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

I found this deal through a family member and took action.

How did you finance this deal?

Mortgage company.

How did you add value to the deal?

New flooring.

What was the outcome?

So far so good.

Lessons learned? Challenges?

None.