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Thomas YokumPoster
#3 Real Estate Deal Analysis & Advice Contributor
- Rental Property Investor
- Cleveland, OH
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Completed First Investment (BRRRR Method)
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $150,000
Cash invested: $100,000
Recently completed a purchase and renovation of a multi-family house in Cleveland Heights, Ohio (BRRRR Method).
What made you interested in investing in this type of deal?
BiggerPockets
How did you finance this deal?
Personal Loan
How did you add value to the deal?
Renovation
What was the outcome?
Value Add - 3x rent(s)
Lessons learned? Challenges?
Secure funding upfront to complete project goals on time and on budget.
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