My first buy and hold

[Muyiwa Adeyeye]

Investment Info:

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

Purchase price: $247,000
Cash invested: $10,000

My first investment and first house hacking deal!

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

Right outside of the expensive NY Metro market but still great rents

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

Local real estate agent

How did you finance this deal?

Bank loan

Lessons learned? Challenges?

Tried the first year without a property manager. My tenants drove me to the point where I will never try to take on that responsibility ever again!