My first rental property

[Joseph M Segrue]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $109,000
Cash invested: $109,000

Duplex. My first investment.

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

Didn't want to rent or buy a house at the time. So I bought this duplex. Two 2bedroom

Lessons learned? Challenges?

I learned the importance of screening tenants very quickly. Had problems from the get-go. I then went on the internet and taught myself how screen. What a difference after that!