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Updated about 1 year ago on .

User Stats

241
Posts
395
Votes
Mike Paolucci
  • Realtor
  • Columbus, Oh
395
Votes |
241
Posts

Buy and hold duplex with long term tenants

Mike Paolucci
  • Realtor
  • Columbus, Oh
Posted

Investment Info:

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

Purchase price: $190,000
Cash invested: $51,906

3/1 duplex with long term tenants

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

Agent found this off-market.

How did you finance this deal?

Conventional

Lessons learned? Challenges?

Property had some light water intrusion in the basement. Trusted my Property Manager to take care of things and install block windows and seal up any cracks that were causing water intrusion.

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Reafco - Mike Paolucci
5.0 stars
6 Reviews