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Updated about 2 years ago on . Most recent reply

Benjamin Matthews's profile image
Benjamin Matthews's profile image
Benjamin Matthews
  • Investor
  • from Rockville MD
  • Member since Jul 11, 2016
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User Stats

2
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2
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Benjamin Matthews's profile image
Benjamin Matthews's profile image
Benjamin Matthews
  • Investor
  • from Rockville MD
  • Member since Jul 11, 2016
Connect
Benjamin Matthews
  • Investor
  • Rockville MD
2
Votes |
2
Posts
Real Estate Deal Analysis & Advice

DC Multi family

Benjamin Matthews
  • Investor
  • Rockville MD
Posted

Investment Info:

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

Purchase price: $1,200,000
Cash invested: $240,000

12 Unit Multifamily

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

Off Market, networking with brokers

How did you add value to the deal?

Renovated all units.

What was the outcome?

tripled the rent roll, cash out, rinse repeat.

Lessons learned? Challenges?

Tenant buyouts.

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