UTexas Student Housing Investment

[DeWayne Wilson]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $350,000
Cash invested: $110,000
Sale price: $625,000

student rental

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

high value rental and appreciation property in downtown location

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

MLS

How did you finance this deal?

Bank loan and personal funds

How did you add value to the deal?

positive monthly cash flow and average annual appreciation in the area.

What was the outcome?

$225,000 profit

Lessons learned? Challenges?

Need volume of rental properties that provides scale to outsource all management