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Updated over 8 years ago on . Most recent reply

Jeff Filali's profile image
Jeff Filali's profile image
Jeff Filali
  • Rental Property Investor
  • from Broken Arrow, OK
  • Member since Mar 25, 2016
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1,144
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1,140
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Jeff Filali's profile image
Jeff Filali's profile image
Jeff Filali
  • Rental Property Investor
  • from Broken Arrow, OK
  • Member since Mar 25, 2016
Connect
Jeff Filali
  • Rental Property Investor
  • Broken Arrow, OK
1,140
Votes |
1,144
Posts
Real Estate Deal Analysis & Advice

Another super deal today!!

Jeff Filali
  • Rental Property Investor
  • Broken Arrow, OK
Posted

Purchased another "fixer-upper" out of foreclosure today in a small town in Oklahoma. I think I'll keep this one as a rental. Trying to start keeping some of these super cheap deals I find to build long-term passive income.

Details-
3 Bedroom, 2 Bath, 1464 sq ft

Purchase Price: $6,750

Est. Repairs: $15,000

ARV: $48-55,000, but should easily rent for $600-650/mo

Comps: $41-$58,000

On to the next deal!! 

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