Updated over 4 years ago on . Most recent reply
Litzler Blvd Condo #1
Investment Info:
Condo buy & hold investment in Flagstaff.
Purchase price: $178,000
Cash invested: $46,000
2 bedroom / 2 bath condo near mid sized college campus.
What made you interested in investing in this type of deal?
Cost of property was very reasonable in the given market.
How did you find this deal and how did you negotiate it?
MLS and used my real estate agent.
How did you finance this deal?
Conventional financing
How did you add value to the deal?
Lightly freshened the property with a coat of paint, new window coverings and a deep cleaning.
What was the outcome?
New tenants paid $150 more per month in rent.