Buy and Hold Real Estate works

[Brett Young]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $84,000
Cash invested: $22,000
Sale price: $1,400

Grade A area leased at great equity position we have a great property that has a ton of equity and great cash flow
Rent $1400
Tax $ 333
Ins $ 50
P/M $ 125
Net $ 892

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

Grade A area people want to lease there and live.

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

I'm a Realtor I negotiated the deal

How did you finance this deal?

it was a cash deal

How did you add value to the deal?

I negotiated the deal, rehabbed the home, leased it and manage it

What was the outcome?

Success and great cash flow

Lessons learned? Challenges?

Great buy and glad we resealed the driveway

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I am a Realtor