Our First Property, near Joshua Tree National Park

[Katy Reid]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $596,000

In escrow!

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

STR Potential

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

When I saw it on redfin, it already had 3 offers on it. I had my local realtor put in an aggressive offer sight unseen and the owner took us seriously - let us in right away to see it. After multiple counters, we won our with a 5k escalation clause, no appraisal contingency and 17 day inspections.

How did you finance this deal?

Traditional

What was the outcome?

TBD