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Updated over 4 years ago on . Most recent reply

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Jing Chai
9
Votes |
25
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Single family rental deal

Jing Chai
Posted

Investment Info:

Single-family residence buy & hold investment in Santa Clara.

Purchase price: $15,200
Cash invested: $15,200
Sale price: $22,400

2% tenant in common ownership with family in single family residence. Bought in 2015 and sold in 2020 for a 47% gain.

Most Popular Reply

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4,248
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Lane Kawaoka
  • Rental Property Investor
  • Honolulu, HAWAII (HI)
2,626
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4,248
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Lane Kawaoka
  • Rental Property Investor
  • Honolulu, HAWAII (HI)
Replied

@Armand P. this is a one in a million deal that I have not wasted my time finding. Stick to the basics and go after 1% Rent-to-Value Ratio in areas like Birmingham, Atlanta, Indianapolis, Kansas City, Memphis, Little Rock, Jacksonville, Ohio, or other secondary or tertiary markets.

  • Lane Kawaoka
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