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Updated almost 6 years ago,
Buy & Hold Home owner/investment property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $156,500
Cash invested: $45,000
Sale price: $281,000
This 4 Bedroom 2 Bathroom Chandler home boasts upgrades! Open floor plan, laminate & tile floors throughout, vaulted ceilings in living area that flows nicely to the custom kitchen w/ frosted glass cabinet doors, travertine counter tops w/ beautiful stone finishes & back splash. Off the living area is a family room already pre-wired for surround sound. Large 4th bedroom, w/ flexibility to be a workout or play room or a private separate bedroom. 3 of 4 bedrooms have custom closets w/ sliding frosted glass doors & easy gliding storage trays. A few other upgrades include custom bathrooms w/ rain head showers & sliding glass doors. An amazing backyard w/ an extended covered patio w/ 2 fans, RV gate, grassy area, fenced in pool, outdoor shower, storage house + 2 car garage w/ built in cabinets.
What made you interested in investing in this type of deal?
Great opportunity
How did you find this deal and how did you negotiate it?
Real estate agent
How did you finance this deal?
Bank loan
How did you add value to the deal?
Sweat equity, be original.
What was the outcome?
Sold over asking price
Lessons learned? Challenges?
Know the value of your product and don't be affray to ask for what is worth
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
The most professional and creative agent I've meet.
Nick Trevillian-CEO of Go Sold Realty
https://gosoldhomes.com/contact/