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Updated over 4 years ago on . Most recent reply

Eddie Sumerlin's profile image
Eddie Sumerlin's profile image
Eddie Sumerlin
  • Investor
  • from Mobile, AL
  • Member since Feb 25, 2020
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Eddie Sumerlin's profile image
Eddie Sumerlin's profile image
Eddie Sumerlin
  • Investor
  • from Mobile, AL
  • Member since Feb 25, 2020
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Eddie Sumerlin
  • Investor
  • Mobile, AL
8
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11
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Real Estate Deal Analysis & Advice

First Rental Property Right After Turning 24 Years Old

Eddie Sumerlin
  • Investor
  • Mobile, AL
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $105,000
Cash invested: $6,000

This was the first rental property that I bought at 24 years old. It is a newly remodeled/renovated 4 bed 2.5 bath house in Mobile, Alabama.

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Tucker Cummings's profile image
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Tucker Cummings
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  • from Raleigh, NC
  • Member since Apr 18, 2019
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Tucker Cummings's profile image
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Tucker Cummings
  • Investor
  • from Raleigh, NC
  • Member since Apr 18, 2019
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Tucker Cummings
  • Investor
  • Raleigh, NC
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Tucker Cummings
  • Investor
  • Raleigh, NC
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Congratulations! Start of something great!

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