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Updated about 5 years ago on . Most recent reply
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My first investment in Columbus Ohio
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Columbus.
Purchase price: $200,000
Cash invested: $50,000
My first investment property in Columbus Ohio, in the city's historic Old Oaks. 3 of the 4 Units are currently rented, bringing in $680, $850, $680/unit. I am in the process of fully renovating the other unit, trying to get $900. Each townhouse offers 2 bedrooms, a dining room, and a full basement. Each unit also has central air conditioning, a front porch and a large backyard.
What made you interested in investing in this type of deal?
Cash Flow
How did you find this deal and how did you negotiate it?
Real Estate Agent ( in pocket listing)
How did you add value to the deal?
Renovated kitchens/Bathrooms
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