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Updated almost 5 years ago on . Most recent reply
![Landon Willard's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1661096/1621514575-avatar-landonw16.jpg?twic=v1/output=image/crop=688x688@15x112/cover=128x128&v=2)
My First Rental Property
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $277,000
Cash invested: $40,000
This was my first rental property investment before I joined BP. I just wanted to get in the game and get started. It's been a good property. I bought in really good condition. I didn't do any rehab, and just as a bonus, the property value in one year has gone up quite a bit.