Woodland park rental

[Baron Wheeler]

Investment Info:

Single-family residence buy & hold investment in Aquasco.

Purchase price: $350,000
Cash invested: $350,000

3/2 1800sqft on 2 acres. Originally our primary then turned into a rental. Someday will move back to it. Just love this house!

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

Bought as our primary because we loved the privacy and location. Moved to a new primary and rented this long term.

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

MLS.

How did you finance this deal?

Paid cash

How did you add value to the deal?

House was very dated. Replaced floors, scraped popcorn ceilings, repainted inside and out, remodeled bathrooms, updated fixtures.

What was the outcome?

Great appreciation and easy to rent out.