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Updated 29 days ago on . Most recent reply

User Stats

143
Posts
136
Votes
Gregg Cohen
  • Rental Property Investor
  • Jacksonville, FL
136
Votes |
143
Posts

Buy and hold property in Jacksonville, FL

Gregg Cohen
  • Rental Property Investor
  • Jacksonville, FL
Posted

Investment Info:

Single-family residence buy & hold investment.

Sale price: $222,017

JWB Real Estate Capital helps busy professionals from across the world invest in real estate in Jacksonville, FL. From sourcing turnkey rental properties to finding long-term residents, and comprehensive property management, our expert team offers a full-service solution for a truly stress-free investing experience.

A JWB client purchased this home on 8/30/2024.

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

Our company is built to make it easy for everyday investors to invest in rental properties.

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

We acquire land years in advance through our network of real estate agents and wholesalers in the Jacksonville market.

How did you finance this deal?

We use private lending to finance the purchase and construction of this home.

How did you add value to the deal?

We bought land and built a new construction home on the property. We then leased the home out to a long-term resident who signed a multi-year lease.

What was the outcome?

The investor who bought this home owns an asset that is cash flow positive from day one and one that will benefit from all 5 profit centers of rental property investing for many years to come.

Lessons learned? Challenges?

Building homes always comes with surprises but the best part is that our clients don't feel any of that. JWB owns the asset all throughout the construction so any overages or delays in timelines are our problem...not the clients!

The client gets to receive the home as a performing asset with built-in property management in place so the entire process can be smooth and enjoyable.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Our entire network of agents, title companies, insurance, conventional lenders, private lenders, and many others come together to make this an enjoyable experience. This is the value of working with a vertically-integrated company!

  • Gregg Cohen
  • 904-677-6777
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Gregg Cohen, Not Your Avg Investor Show
4.4 stars
155 Reviews

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