sobro / fairgrounds

[Jason Tressler]

Investment Info:

Single-family residence buy & hold investment in Indianapolis.

Purchase price: $61,000
Cash invested: $6,000

spacious 3/1 w/ full basement, fenced in yard, well cared for home. love the house!

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

price and location

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

myself - I am a investor/agent.

How did you finance this deal?

conventional .

How did you add value to the deal?

new paint, new bathroom, some new plumbing, new kitchen flooring.

What was the outcome?

strong monthly rent

Lessons learned? Challenges?

hardwoods are a challange , too rough to leave but to expensive to refinish for a rental