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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 1!

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

Investment Info:

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

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

This biggest home that we currently own. Boasting 7 bedrooms and 3 bathrooms, this home can really produce some significant cashflow. However, the condition of this home compared to our others was definitely a little worse. We have been able to almost fully rent the home and have been working through some HVAC issues, but overall it has been a great experience.

1 Vote
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