How I increased my income by 7K with 10K down

[John Carpino]

Investment Info:

Single-family residence buy & hold investment in Zion.

Purchase price: $40,000
Cash invested: $10,000

This property was purchased for cashflow, and it has been very profitable with only minor renovation and initial investment

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

The cashflow opportunity was strong

How did you add value to the deal?

I painted, tore out carpet, and refinished the charming wood floors underneath.

What was the outcome?

This property cashflows approximately 600 per month

Lessons learned? Challenges?

Don't hesitate when you see a deal!

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

Lyndsie Gourley, who now works in Houston TX