First deal pivot

[Morgan Gutierrez]

Investment Info:

Single-family residence note investment investment.

Purchase price: $149,000
Cash invested: $30,000
Sale price: $255,000

I purchased a property to use as a rental. I improved the property and ended up selling it and holding the note instead of using it as a rental.

Lessons learned? Challenges?

I learned so much about buying right, working with contractors, working with real estate agents, and negotiation with buyers.