BRRRR & Hold Cleburne TX

[Patrick Winn]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $232,000
Cash invested: $30,000

Duplex for my son in Cleburne TX.
This is one of my best cash flowing/ROI properties.

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

Cash Flow

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

Through an agent I did a deal with in the past.

How did you finance this deal?

Traditional mortgage

How did you add value to the deal?

Evicted the tenants, cleaned it up and raised the rents.

What was the outcome?

Cash flow

Lessons learned? Challenges?

Evictions aren’t that hard

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

My team