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Updated about 6 years ago on .

User Stats

8
Posts
0
Votes
Jim Ferbert
  • Pratt, KS
0
Votes |
8
Posts

Bachelor pad turned to rental property

Jim Ferbert
  • Pratt, KS
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $28,000

1-2 Bedroom residence with large back yard and alley access. Residence has car port, back deck for functions. Furnished attic for extra space and extra storage. Fireplace operable. 2018 New roof replaced and windows replaced several years ago.

How did you finance this deal?

Traditional 30 year mortgage began in 2001. Got married in 2012 and kept the residence as extra income. Used Zillow and EZLandlord forms as a guide as I have began reading and learning from Bigger Pockets from recommended books and webinars.