Long term rental Park City, Utah

[Account Closed]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $330,000
Cash invested: $330,000

buy and hold rental property

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

It was first my primary residence

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

I had a realtor help me negotiate buying it during the Great Recession

How did you finance this deal?

traditional

How did you add value to the deal?

time...

What was the outcome?

long term rental, positive cash flow

Lessons learned? Challenges?

Great property and I wish I had bought 10 of them!