1st Rental Property Out-of-State

[Arron Paulino]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $30,000
Cash invested: $27,500

My first SFR buy and hold in Memphis, TN

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

Want to obtain buy and hold for the long term

How did you finance this deal?

Cash then cash out refi is the plan

How did you add value to the deal?

Full rehab

[Sean Tagge]

Hey great work @Arron Paulino I did my first OOS BRRRR in 2016 in Memphis and I just sold it this year I got around a 25% IRR not too shabby. I would second going upstream but also in the C class you can make money just takes some experience.

Also thanks for the shout out @Tyler Tapley for our PM company Reedy and Company my partners own that PM company and I'd be happy to answer any PM questions.