MY VERY FIRST PROPERTY

[Conner Malrose]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $120,000
Cash invested: $120,000

3bd 2bth 2 car garage 1400sq ft
Rents for $1400
-150 Taxes
-180 HOA
-100 Maintenance

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

Finally saved up enough money to invest in real estate which I always wanted to do and this seemed like a safe bet to get started

How did you finance this deal?

all cash

How did you add value to the deal?

added 3rd bedroom and standard touch-ups paint,clean carpet,etc..

What was the outcome?

Rents for $1400
-150 taxes
-180 HOA
-100 Maintenance

Lessons learned? Challenges?

Time in the market is better then timing the market!!!