Closed Second Deal SFR !

[Mitch Brunette]

Hi Everyone!

Closed my second deal, took me 18 months after my first one.

1,600 sq ft SFH 3/1. Room to add a 4th bedroom or turn basement into second unit in the future.

MLS FSBO is where I found it, initial list price was $69,900. Final price $63k. Negotiated without realtor and using some tactics from "Never Split the Difference" and the BP Podcast with Chris Voss.

Rent $950/mo and tons of traction already on the listing. Or $1,025 with pets.

Renovations: very minor had a open attic unfinished space sheet rocked off primarily for safety hiding nails, but also a cool little reading room or desk space for someone. And painting the whole inside.

Future plan: after a couple tenants upgrade Kitchen and Bath, consider duplex option if it make sense. It already has a perfect layout for separate entry.