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Updated over 4 years ago on .

User Stats

3
Posts
1
Votes
Travis Deutman
  • Investor
  • Tacoma, WA
1
Votes |
3
Posts

First section 8 home

Travis Deutman
  • Investor
  • Tacoma, WA
Posted

Investment Info:

Single-family residence buy & hold investment in Jacksonville.

Purchase price: $62,000
Cash invested: $17,000

I bought this home turn key off Roofstock. It was the first investment property I purchased after owning a house for years, while renting it for a lose. The house in a section 8 home which comes with some interesting challenges. But I have an amazing property management company (Suncoast Properties) that take good care of the property and the tenant. There is always something to fix, but I keep an eye on the property returns to make sure I am still cash flowing and building equity.