Calumet City Rental Property

[Matthew Nosal]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $65,000
Cash invested: $21,754

Brick ranch on a concrete slab. 3 Bedrooms 1 Bathroom.

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

Brick ranch, location, 3 bedrooms, 1 bathroom.

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

Auction.com

How did you finance this deal?

Private Lender

How did you add value to the deal?

Remodeled the entire property

What was the outcome?

Rented!

Lessons learned? Challenges?

Village of Calumet City- Need to pass all inspections prior to having a rental inspection. Inspections may take 3-4 weeks. Schedule accordingly.