Cash Cow Lake front Long-term Rental

[Gavin Welch]

Investment Info:

Single-family residence buy & hold investment in Winter Haven.

Purchase price: $30,000
Cash invested: $30,000

Long term cash flow property.

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

Its was lakefront and inexpensive

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

An associate showed me this property.

How did you finance this deal?

Cash

How did you add value to the deal?

Same tenants since purchase

What was the outcome?

This is a turn key property that generates great income and and more the tripled in value.

Lessons learned? Challenges?

none

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

No