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Updated about 6 years ago,
Buy & Hold Investment Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $145,000
Cash invested: $2,000
Sale price: $255,800
4692 W Dublin St, Chandler, AZ is a single family home that contains 1,356 sq ft and was built in 1988. It contains 3 bedrooms and 2 bathrooms.
What made you interested in investing in this type of deal?
Bulk purchase
How did you find this deal and how did you negotiate it?
Highly desirable area by potential buyers
How did you finance this deal?
Partnership/ Cash
How did you add value to the deal?
By holding the property and collecting short term rent.
What was the outcome?
Sold with a cash offer
Lessons learned? Challenges?
Detailed research of the area for the potential investment, schools, employment, history of the properties appreciation.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
JDRR Investmnt Group, LLC