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Updated almost 6 years ago on . Most recent reply

User Stats

8
Posts
0
Votes
Adrian Manuel
  • Rental Property Investor
  • Gulf Shores, AL
0
Votes |
8
Posts

First Income Property

Adrian Manuel
  • Rental Property Investor
  • Gulf Shores, AL
Posted

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.

Most Popular Reply

User Stats

3,675
Posts
1,212
Votes
George Blower
  • Retirement Accounts Attorney
  • Southfield, MI
1,212
Votes |
3,675
Posts
George Blower
  • Retirement Accounts Attorney
  • Southfield, MI
Replied

@Adrian Manuel

Congratulations!

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