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Updated almost 6 years ago,
My first investment was a great investment
Investment Info:
Single-family residence buy & hold investment in Auburn Hills.
Purchase price: $93,000
Cash invested: $5,000
I bought my first home expecting to rent it out. The house is next to a college in a great neighborhood. The house is a 2 bedroom 1 bath but for college students thats all they are looking for. Ill have the house paid off within 5 years of purchasing and it is appraised at $124,000.00
I expect to get $1000-$1200 easily a month.