Completed First Investment (BRRRR Method)

[Thomas Yokum]

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.