Single Family Rental

[Byron Baird]

Investment Info:

Single-family residence buy & hold investment in Temple.

Purchase price: $95,000
Cash invested: $95,000

Single family, 1800 sf, 3 br, 2 bath, carport

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

cash flow and long term appreciation.

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

personal referral

How did you finance this deal?

cash

How did you add value to the deal?

good maintenance, replace roof, facia, and soffit.

What was the outcome?

Still owned.

Lessons learned? Challenges?

keep reserves for large maintenance issues.

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

none