My First Rental Property

[Tyrell Henry]

Investment Info:

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

Purchase price: $260,000
Cash invested: $17,000

This is my first investment property which is a duplex.

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

House hacking which will open up doors to become financially free.

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

I found this deal on Zillow and I wasn’t very aggressive with my negotiations but I did get the price down 20k.

Lessons learned? Challenges?

Run my numbers and to actually walk to property with a purpose, also I got the first time jitters out of me!

[Fallon Gilbert]

Quote from @Tyrell Henry:

Investment Info:

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

Purchase price: $260,000
Cash invested: $17,000

This is my first investment property which is a duplex.

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

House hacking which will open up doors to become financially free.

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

I found this deal on Zillow and I wasn’t very aggressive with my negotiations but I did get the price down 20k.

Lessons learned? Challenges?

Run my numbers and to actually walk to property with a purpose, also I got the first time jitters out of me!

 That's the first step! I'm still trying to purchase my first investment but that's awesome that you acquired one!