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Updated about 4 years ago on . Most recent reply

User Stats

10
Posts
3
Votes
Syam Tadavarthy
  • Real Estate Agent
  • Metro District of Columbia
3
Votes |
10
Posts

Springfield VA Townhouse

Syam Tadavarthy
  • Real Estate Agent
  • Metro District of Columbia
Posted

Investment Info:

Townhouse buy & hold investment.

Purchase price: $181,000
Cash invested: $18,100

Purchased townhouse in an appreciating community in Northern Virginia. Sought after location with low rental turnover.

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

Success by other investors

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

Real Estate Agent

How did you finance this deal?

Loan

How did you add value to the deal?

Added a bathroom

What was the outcome?

Been able to provide a lovely place to live for a few families.

Lessons learned? Challenges?

Real Estate is the long game. There will be expenses and challenges, but in the long run, it does work out.

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