SFR in Mature Neighborhood

[Christopher Reeder]

Investment Info:

Single-family residence buy & hold investment in Winter Haven.

Purchase price: $57,000

3/2 SFR in a mature and rent-friendly section of Winter Haven, FL

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

Property value to asking price was very favorable. I had some comfort from my first 2 deals now that they were performing.

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

MLS

How did you add value to the deal?

Property was move-in ready. Property was held by an estate who did not want to manage an out-of-state property.

What was the outcome?

Closed without problems and quickly gained a tenant.