Rentals & joint ventures

[Kj Brey]

Investment Info:

Single-family residence other investment in Pahoa.

Purchase price: $25,000
Cash invested: $52,000

Built off grid rental. Leased for 5 years.

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

Beautiful beach down the street.

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

Realtor in Hawaii.

How did you finance this deal?

Cash.

How did you add value to the deal?

Build the off grid home.

What was the outcome?

Leased for 5 years. Could sell for profit but will hold.

Lessons learned? Challenges?

Construction is slow so looking at tiny homes.