Long term rental

[Austin Heagle]

Investment Info:

Single-family residence other investment.

Purchase price: $165,900
Cash invested: $16,000

My first house that I purchased with the VA loan. Now officially my first rental property.

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

For a long time now I have dabbled in the idea of creating a real estate portfolio. Once I purchased the house in MS and made it a rental I realize I don’t want to stop at just 1 or 10. I wanna build a portfolio that will go beyond just me but for my future family.

How did you finance this deal?

I used the VA loan and after moving to NC with 1 years passing I was able to make it a rental property.

How did you add value to the deal?

I replaced the outside AC unit when first buying the house. I have also replaced windows and currently just repainted the interior of the home.