First Home turned Rental

[Daryn Rody]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $44,500
Cash invested: $16,000

This was my first home... foreclosure.. lived in it about 2 years then have been renting ever since

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

purchase price was a bargain!

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

MLS - First time homebuyer, paid over asking price

How did you add value to the deal?

New HVAC, New roof, new doors, updated kitchen & Bathroom, new light fixtures, added deck, updated kitchen with backsplash, granite, sink, appliances, tile and paint

What was the outcome?

great!