First commerical deal!

[Rodney Harris]

Investment Info:

Large multi-family (5+ units) buy & hold investment in Sigel.

Purchase price: $740,000
Cash invested: $133,000

6 unit property by KU Med!

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

Buy and hold turnkey property just needed to raise rents!

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

Find through broker I have a relationship with

How did you finance this deal?

Sold a 4 unit used proceeds

How did you add value to the deal?

Raised rents curb appeal increased operational efficiency

What was the outcome?

Cashflow 💸

Lessons learned? Challenges?

Networking is key!

[Sumesh B.]

@Rodney Harris That is awesome. Congratulations. 

I just started this journey and working on networking with a bunch of realtors across TX, Kansas City, Missouri, and Phoenix. I am based out of Colorado Springs, CO. Do you work with out-of-state investors? PM me please and we can connect.