First Income Property

[Adrian Manuel]

Investment Info:

Single-family residence buy & hold investment in Terre Haute.

Purchase price: $46,000

Purchased and lived in this house for 15 years, now renting it out long term...
Now I just need to duplicate this 1,000 times...

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

Necessity...

How did you finance this deal?

Traditional mortgage.

How did you add value to the deal?

Renovations and new roof.

What was the outcome?

$750/mo rent.

Lessons learned? Challenges?

Lots.. but many to go from here...

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No.