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Updated almost 5 years ago,
My First Property!!!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Bakersfield.
Purchase price: $145,000
Cash invested: $33,000
My first investment property, woot woot! Duplex 2bd/1bth per unit. The property never even hit the MLS the same company (different agents) represented both seller and buyer (that's me). Everything happened so fast I was struggling to keep up, but remembered what I learned from BiggerPockets and pressed on even when I felt like running away. Glad I didn't! Property company manages it, and I just have to say yay or nay to the big things. Nothing like getting that first month's rent!