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Updated 3 months ago on . Most recent reply

User Stats

5
Posts
4
Votes
Dillon Badger
  • Real Estate Agent
  • New Hampshire
4
Votes |
5
Posts

Buy & hold rental in Keene New Hampshire

Dillon Badger
  • Real Estate Agent
  • New Hampshire
Posted

Investment Info:

Condo buy & hold investment in Keene.

Purchase price: $134,900

Buy and hold 2 Bed/1 Bath rental in Keene New Hampshire

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

Affordable price point and rents for more than 1% of purchase price

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

On market & offered asking price

How did you finance this deal?

Cash from a self directed IRA

How did you add value to the deal?

Paint & finished basement

What was the outcome?

Strong rental performance & return

Lessons learned? Challenges?

So far the condo investment has been pretty hands off as the HOA handles most things

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