Trying our first College Rental

[Mike Stahlman]

Investment Info:

Single-family residence buy & hold investment in St. Charles.

Purchase price: $90,000

Purchase to rent for college students

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

College near by.

How did you find this deal and how did you negotiate it?

MLS Made decent offer, needs updates and repairs

How did you finance this deal?

Interest only

How did you add value to the deal?

Paint, Carpet, Deck, kitchen

What was the outcome?

Not complete

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

Yes, Melissa Stacks, Brookshire Hathaway