La Quinta, CA

[Byron Morales]

Investment Info:

Condo buy & hold investment.

Purchase price: $340,000
Cash invested: $90,000

https://www.zillow.com/homedetails/55550-Laurel-Valley-La-Quinta-CA-92253/18155808_zpid/?view=public

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

Cash flow, huge rental market in the Cochella Valley.

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

I found this deal by making sure the rents would cover the mortgage, the location and location was very important to me. This unit is inside PGA West, in La Quinta, CA.