Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

41
Posts
30
Votes
Logan Ryan
  • Realtor
  • Richmond, VA
30
Votes |
41
Posts

Right Time, Right Price, Right Location, and Great Tenants!

Logan Ryan
  • Realtor
  • Richmond, VA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $170,000

My clients bought this home to fix and hold. It needed mostly flooring and paint to get it rental ready! It has great placement on a main road, so it gets lots of visibility when a tenant is needed.

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

The home needed some updating, which allowed us to negotiate on the price and got it for almost $10K less than list.

How did you finance this deal?

Cash

How did you add value to the deal?

I was the REALTOR and help my clients find, evaluated and negotiate this deal.

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

Yes, I was the agent!