first of Three Franklin duplexes currently

[Paul T Shackett]

Investment Info:

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

Purchase price: $240,000
Cash invested: $65,000

Side by side duplex

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

Cashflow and package deal from Seller

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

Realtor brought it to my attention.

How did you finance this deal?

Bank finance

How did you add value to the deal?

Repair and paint

What was the outcome?

still cash flowing today.

Lessons learned? Challenges?

A few things break, furnace, AC, Garage door opener, pests etc... Just keep fixing them asap and continue on.