Ohio Turnkey as first RE purchase

[Sheldon Vic]

Investment Info:

Single-family residence buy & hold investment in Cleveland.

Purchase price: $75,000
Cash invested: $15,000

Turnkey investment. Cashflow +

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

First investment, conservative approach.

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

Turnkey website, through sales rep

How did you finance this deal?

conventional lending

How did you add value to the deal?

Appreciation, rental income

What was the outcome?

Cashflow +

Lessons learned? Challenges?

First home purchase, out of state investment, what team was comprised of

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

N/A