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Updated over 5 years ago on .

Adam Cole's profile image
Adam Cole's profile image
Adam Cole
  • New to Real Estate
  • from Rochester, MI
  • Member since Aug 7, 2018
  • Posts 50
  • Votes 17
  • Experience 4 Yrs
  • Investments 6
Connect

User Stats

50
Posts
17
Votes
Adam Cole's profile image
Adam Cole's profile image
Adam Cole
  • New to Real Estate
  • from Rochester, MI
  • Member since Aug 7, 2018
  • Posts 50
  • Votes 17
  • Experience 4 Yrs
  • Investments 6
Connect
Adam Cole
  • New to Real Estate
  • Rochester, MI
17
Votes |
50
Posts
Real Estate Deal Analysis & Advice

Rental Property Number 2!

Adam Cole
  • New to Real Estate
  • Rochester, MI
Posted

Investment Info:

Large multi-family (5+ units) buy & hold investment.

Purchase price: $55,000
Cash invested: $5,000

2026 Monteith Ave is a student rental property located within 0.5 mile of Kettering University. My main focus has been to rent to students and compete with the single apartment complex in the area, Campus Village. By monitoring their pricing, and keeping my rental cost below that, I am able to remain competitive against a larger entity.

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