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Updated almost 5 years ago on . Most recent reply

User Stats

11
Posts
8
Votes
Kevin Sander
  • Ladera Ranch, CA
8
Votes |
11
Posts

My very first deal - newbie no more

Kevin Sander
  • Ladera Ranch, CA
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $135,000

Wow! My first deal is underway....I spent too long vetting and realized that I need a full-service and trustworthy turnkey provider to get started. Looking forward to learning now what I don't yet know!

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

I trust the provider & team more than my own judgement at this point.

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

BiggerPockets, reached out directly to the provider

How did you finance this deal?

Traditional bank

How did you add value to the deal?

provider is adding value, I enjoy the lift in revenue

What was the outcome?

under contract now....

Lessons learned? Challenges?

TBD

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

So far yes

Most Popular Reply

User Stats

11
Posts
8
Votes
Kevin Sander
  • Ladera Ranch, CA
8
Votes |
11
Posts
Kevin Sander
  • Ladera Ranch, CA
Replied

Thanks @Aaron Belt!  I surely will.  BTW I have special interest in AZ and am looking to stay in the loop for Phoenix area opportunities.

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