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Updated 4 months ago,

User Stats

1
Posts
1
Votes
Adam Pacelli
Professional Services
  • Rental Property Investor
  • Cleveland, NY
1
Votes |
1
Posts

Accessible Passive Investments

Adam Pacelli
Professional Services
  • Rental Property Investor
  • Cleveland, NY
Posted

Investment Info:

Single-family residence buy & hold investment in Piffard.

Purchase price: $125,000
Cash invested: $38,000

Our Mission: Provide Better Homes for our Veterans and those most in need, while providing high return for our investors.
$38k Investment I 12% Annual Priority Return I 25.7% IRR I 2.9x Multiple I Hold Time 5-7 years

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

Low barrier to entry, low risk, high return. What's not to love!

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

Nothing beats being on the ground to find the properties. Understanding the market helps to create common ground for us to meet.

How did you finance this deal?

Investment and Banks

How did you add value to the deal?

Understanding how to maximize use of any property creates the opportunity. One person's rock, is another person's diamond.

What was the outcome?

Immediate positive cash flow.

Lessons learned? Challenges?

Look hard for potential start up cost to minimize overages.

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

Yes- Midge Maguire - she is the best and I highly recommend. Hungry, hard working and thorough.

  • Adam Pacelli

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